Insider Buying: APEX Tech Acquisition (NYSE:TRAD) CEO Acquires $2,089,710.00 in Stock

APEX Tech Acquisition Inc. (NYSE:TRAD – Get Free Report) CEO Shaoren Liu acquired 208,971 shares of the stock in a transaction dated Friday, February 27th. The stock was bought at an average price of $10.00 per share, for a total transaction of $2,089,710.00. Following the completion of the purchase, the chief executive officer owned 3,083,971 shares in the company, valued at approximately $30,839,710. This trade represents a 7.27% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

APEX Tech Acquisition Stock Up 0.1%

Shares of TRAD opened at $10.11 on Friday. APEX Tech Acquisition Inc. has a 1 year low of $9.85 and a 1 year high of $10.13. The stock has a 50 day moving average of $10.06.

Wall Street Analysts Forecast Growth

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