APEX Tech Acquisition (NYSE:TRAD) Stock: Insider Shaoren Liu Purchases 208,971 Shares

APEX Tech Acquisition Inc. (NYSE:TRAD) CEO Shaoren Liu bought 208,971 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was bought at an average cost of $10.00 per share, for a total transaction of $2,089,710.00. Following the completion of the purchase, the chief executive officer directly owned 3,083,971 shares of the company’s stock, valued at $30,839,710. This represents a 7.27% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

APEX Tech Acquisition Price Performance

APEX Tech Acquisition stock traded down $0.03 during mid-day trading on Thursday, hitting $10.11. 27,157 shares of the company traded hands, compared to its average volume of 44,156. The business’s fifty day moving average price is $10.06. APEX Tech Acquisition Inc. has a one year low of $9.85 and a one year high of $10.13.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of APEX Tech Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, October 2nd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

APEX Tech Acquisition Company Profile

APEX Tech Acquisition Inc is a blank check company.