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Director Rein buys $100,917 in company stock

ACCESS Newswire director Graeme Rein buys $100,917 in stock. Price at $6.45, fair value $8.93, analyst targets $12-$13.

Jack Scott
ByJack Scott- Senior Editor
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Graeme P. Rein, a director at ACCESS Newswire Inc., recently acquired $100,917 worth of common stock through open market purchases over two days.

The prices ranged from $6.7469 to $6.8678 per share. The stock currently trades at $6.45, near its 52-week low of $6.48.

On May 15, Rein purchased 6,956 shares at a weighted average price of $6.8678. On May 18, he bought an additional 7,877 shares at $6.7469 average.

Bond.az analysis suggests a Fair Value of $8.93, with analyst targets between $12 and $13. Rein now holds 79,733 shares directly.

The company reported Q1 EPS of $0.11 (missed $0.17 estimate) and revenue of $5.3 million (below $5.79 million).

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Director Rein buys $100,917 in company stock | Bond.az