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

APEX Tech Acquisition Inc. (NYSE:TRAD – Get Free Report) CEO Shaoren Liu purchased 208,971 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The shares were purchased at an average price of $10.00 per share, for a total transaction of $2,089,710.00. Following the completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

APEX Tech Acquisition Stock Performance

Shares of TRAD stock opened at $10.11 on Friday. The business has a fifty day moving average price of $10.06. APEX Tech Acquisition Inc. has a twelve month low of $9.85 and a twelve month high of $10.13.

Analysts Set New Price Targets

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

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About APEX Tech Acquisition

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APEX Tech Acquisition Inc is a blank check company.

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