Beneficient (NASDAQ:BENF) Major Shareholder Gwg Wind Down Trust Sells 14,722 Shares

Beneficient (NASDAQ:BENF) major shareholder Gwg Wind Down Trust sold 14,722 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $2.36, for a total value of $34,743.92. Following the sale, the insider now owns 1,683,538 shares of the company’s stock, valued at approximately $3,973,149.68. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Gwg Wind Down Trust also recently made the following trade(s):

• On Thursday, August 15th, Gwg Wind Down Trust sold 31,060 shares of Beneficient stock. The shares were sold at an average price of $2.38, for a total transaction of $73,922.80.
• On Tuesday, August 13th, Gwg Wind Down Trust sold 26,470 shares of Beneficient stock. The stock was sold at an average price of $2.40, for a total value of $63,528.00.

Beneficient Price Performance

NASDAQ:BENF traded up $0.05 during trading hours on Monday, hitting $2.33. 56,628 shares of the company traded hands, compared to its average volume of 688,642. The firm has a 50-day moving average of $3.07 and a 200 day moving average of $6.57. Beneficient has a twelve month low of $1.86 and a twelve month high of $287.20.

Beneficient (NASDAQ:BENF) last posted its quarterly earnings results on Wednesday, August 14th. The company reported $0.17 earnings per share for the quarter. The business had revenue of $10.05 million for the quarter.

Beneficient Company Profile

Beneficient, a technology-enabled financial services company, provides liquidity solutions and related trustee, custody and trust administrative services to participants in the alternative asset industry in the United States. It operates through Ben Liquidity, Ben Custody, and Customer ExAlt Trusts segments.