Priority Technology Holdings, Inc. (NASDAQ:PRTH) Insider Sells $1,808,317.60 in Stock

Priority Technology Holdings, Inc. (NASDAQ:PRTHGet Free Report) insider Sean Kiewiet sold 170,596 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $10.60, for a total transaction of $1,808,317.60. Following the completion of the transaction, the insider now directly owns 711,853 shares in the company, valued at approximately $7,545,641.80. The trade was a 19.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Sean Kiewiet also recently made the following trade(s):

  • On Tuesday, December 17th, Sean Kiewiet sold 100 shares of Priority Technology stock. The shares were sold at an average price of $10.00, for a total value of $1,000.00.
  • On Wednesday, December 11th, Sean Kiewiet sold 100 shares of Priority Technology stock. The stock was sold at an average price of $10.00, for a total value of $1,000.00.
  • On Wednesday, December 4th, Sean Kiewiet sold 488 shares of Priority Technology stock. The shares were sold at an average price of $10.01, for a total value of $4,884.88.
  • On Monday, December 2nd, Sean Kiewiet sold 21,286 shares of Priority Technology stock. The shares were sold at an average price of $9.68, for a total value of $206,048.48.
  • On Friday, November 29th, Sean Kiewiet sold 6,467 shares of Priority Technology stock. The stock was sold at an average price of $10.10, for a total transaction of $65,316.70.
  • On Tuesday, November 26th, Sean Kiewiet sold 22,178 shares of Priority Technology stock. The shares were sold at an average price of $10.01, for a total transaction of $222,001.78.
  • On Monday, November 4th, Sean Kiewiet sold 5,700 shares of Priority Technology stock. The shares were sold at an average price of $5.11, for a total transaction of $29,127.00.
  • On Friday, November 1st, Sean Kiewiet sold 4,300 shares of Priority Technology stock. The stock was sold at an average price of $5.30, for a total value of $22,790.00.
  • On Thursday, October 3rd, Sean Kiewiet sold 4,483 shares of Priority Technology stock. The shares were sold at an average price of $6.00, for a total value of $26,898.00.

Priority Technology Stock Down 2.2 %

NASDAQ:PRTH opened at $11.49 on Friday. The company has a market cap of $887.01 million, a P/E ratio of -27.36 and a beta of 1.20. Priority Technology Holdings, Inc. has a twelve month low of $2.82 and a twelve month high of $12.44. The business has a 50 day moving average price of $8.58 and a two-hundred day moving average price of $6.65.

Wall Street Analyst Weigh In

PRTH has been the topic of a number of research analyst reports. B. Riley raised their price target on Priority Technology from $13.00 to $16.00 and gave the stock a “buy” rating in a research report on Monday, November 25th. Keefe, Bruyette & Woods raised their target price on shares of Priority Technology from $9.00 to $10.00 and gave the stock a “market perform” rating in a report on Friday, November 22nd. Finally, Lake Street Capital upped their price target on shares of Priority Technology from $8.00 to $13.00 and gave the company a “buy” rating in a report on Friday, November 22nd.

Check Out Our Latest Analysis on Priority Technology

Institutional Investors Weigh In On Priority Technology

Institutional investors and hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC acquired a new stake in shares of Priority Technology in the second quarter valued at approximately $202,000. Pekin Hardy Strauss Inc. acquired a new stake in Priority Technology during the 2nd quarter valued at $301,000. Rebalance LLC acquired a new stake in Priority Technology during the 3rd quarter valued at $4,822,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Priority Technology during the third quarter worth $112,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Priority Technology by 15.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 56,557 shares of the company’s stock valued at $386,000 after purchasing an additional 7,719 shares during the last quarter. 11.52% of the stock is owned by institutional investors.

Priority Technology Company Profile

(Get Free Report)

Priority Technology Holdings, Inc operates as a payment technology company in the United States. The company operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business (B2B) Payments, and Enterprise Payments. It offers SMB payments processing solutions for B2C transactions through independent sales organizations, financial institutions, independent software vendors, and other referral partners through its MX product suite, which includes MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing.

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Insider Buying and Selling by Quarter for Priority Technology (NASDAQ:PRTH)

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