Brera (NASDAQ:SLMT) Director Buys $5,710,530.00 in Stock

Brera Holdings PLC (NASDAQ:SLMT) Director Keren Kalima Maimon bought 1,149,000 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average price of $4.97 per share, for a total transaction of $5,710,530.00. Following the acquisition, the director directly owned 1,336,868 shares of the company’s stock, valued at $6,644,233.96. This represents a 611.60% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Brera Stock Performance

SLMT opened at $5.77 on Monday. Brera Holdings PLC has a 52-week low of $4.28 and a 52-week high of $529.50. The company has a current ratio of 3.50, a quick ratio of 3.50 and a debt-to-equity ratio of 0.02. The business’s 50-day simple moving average is $71.58 and its 200 day simple moving average is $160.65.

Brera (NASDAQ:SLMT) last released its earnings results on Saturday, May 16th. The company reported ($915.90) earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Brera in a report on Friday, April 10th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Brera currently has an average rating of “Sell”.

Hedge Funds Weigh In On Brera

A number of institutional investors have recently bought and sold shares of SLMT. ARK Investment Management LLC acquired a new position in Brera during the fourth quarter worth approximately $16,998,000. Electric Capital Partners LLC acquired a new position in Brera during the fourth quarter worth approximately $12,155,000. Anatole Investment Management Ltd acquired a new position in Brera during the fourth quarter worth approximately $10,389,000. Alyeska Investment Group L.P. acquired a new position in Brera during the fourth quarter worth approximately $5,293,000. Finally, Arrington Capital Management LLC acquired a new position in Brera during the fourth quarter worth approximately $2,055,000. Institutional investors and hedge funds own 68.26% of the company’s stock.

Brera Company Profile

Brera Holdings PLC is an Irish holding company focused on expanding social impact football by developing a global portfolio of emerging football clubs with increased opportunities to earn tournament prizes, gain sponsorships, and provide other professional football and related consulting services. We seek to build on the legacy and brand of Brera FC, the first football club that we acquired in July 2022. Brera FC is an amateur football association which has been building an alternative football legacy since its founding in 2000.