SHF Holdings, Inc. (NASDAQ:SHFS – Get Rating) Director John Darwin purchased 25,000 shares of the company’s stock in a transaction that occurred on Friday, June 9th. The stock was acquired at an average price of $0.59 per share, for a total transaction of $14,750.00. Following the purchase, the director now owns 1,865,566 shares in the company, valued at approximately $1,100,683.94. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
John Darwin also recently made the following trade(s):
- On Tuesday, May 30th, John Darwin bought 15,000 shares of SHF stock. The stock was purchased at an average price of $0.48 per share, with a total value of $7,200.00.
SHF Trading Up 6.3 %
Shares of NASDAQ SHFS opened at $0.59 on Monday. The company has a 50-day moving average of $0.49 and a 200 day moving average of $1.12. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.30. SHF Holdings, Inc. has a 12-month low of $0.33 and a 12-month high of $30.47.
SHF (NASDAQ:SHFS – Get Rating) last issued its quarterly earnings data on Monday, May 15th. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $4.18 million during the quarter.
Analysts Set New Price Targets
Separately, EF Hutton Acquisition Co. I restated a “buy” rating and set a $1.50 target price (down previously from $10.50) on shares of SHF in a report on Friday, March 31st.
Hedge Funds Weigh In On SHF
Several hedge funds have recently modified their holdings of the company. UBS Group AG acquired a new position in shares of SHF during the 3rd quarter worth about $38,000. Charles Schwab Investment Management Inc. bought a new position in shares of SHF in the 4th quarter valued at about $25,000. Vident Investment Advisory LLC lifted its position in SHF by 53.0% during the fourth quarter. Vident Investment Advisory LLC now owns 44,450 shares of the company’s stock worth $79,000 after acquiring an additional 15,399 shares during the last quarter. Anson Funds Management LP bought a new position in SHF in the first quarter valued at approximately $113,000. Finally, Cohen & Co Financial Management LLC bought a new position in SHF in the third quarter valued at approximately $7,009,000. 82.04% of the stock is currently owned by institutional investors and hedge funds.
About SHF
(Get Rating)
SHF Holdings, Inc, through its subsidiaries, provides access to banking, lending, and other financial services to financial institutions serving the cannabis industry. The company, through its proprietary platform, offers access to business checking and savings accounts, cash management accounts, savings and investment options, commercial lending, courier services, remote deposit services, automated clearing house payments and origination, and wire payments.
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