Aterian, Inc. (NASDAQ:ATER) CTO Roi Zion Zahut Sells 23,833 Shares of Stock

Aterian, Inc. (NASDAQ:ATERGet Rating) CTO Roi Zion Zahut sold 23,833 shares of Aterian stock in a transaction that occurred on Tuesday, June 14th. The shares were sold at an average price of $2.56, for a total transaction of $61,012.48. Following the transaction, the chief technology officer now directly owns 470,462 shares in the company, valued at approximately $1,204,382.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of NASDAQ ATER opened at $2.41 on Friday. The firm’s fifty day moving average is $3.96 and its two-hundred day moving average is $3.62. Aterian, Inc. has a 52-week low of $2.10 and a 52-week high of $19.10. The company has a market cap of $149.64 million, a P/E ratio of -0.46 and a beta of 1.30.

Aterian (NASDAQ:ATERGet Rating) last posted its earnings results on Monday, May 9th. The company reported ($0.25) EPS for the quarter, hitting analysts’ consensus estimates of ($0.25). Aterian had a negative return on equity of 33.08% and a negative net margin of 80.79%. During the same period in the prior year, the company earned ($0.64) EPS. As a group, equities analysts anticipate that Aterian, Inc. will post -1.19 earnings per share for the current fiscal year.

Several analysts have recently commented on ATER shares. Alliance Global Partners decreased their price objective on shares of Aterian from $9.00 to $4.50 in a research report on Friday, March 11th. DA Davidson decreased their price target on Aterian from $14.00 to $7.00 in a report on Wednesday, March 9th. Finally, BTIG Research dropped their price objective on Aterian from $9.00 to $5.00 and set a “buy” rating for the company in a research note on Wednesday, March 9th.

Several hedge funds have recently bought and sold shares of ATER. Virtu Financial LLC purchased a new stake in Aterian during the first quarter valued at $61,000. Quantbot Technologies LP purchased a new stake in shares of Aterian during the 1st quarter valued at about $149,000. Goldman Sachs Group Inc. lifted its holdings in shares of Aterian by 155.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 213,924 shares of the company’s stock valued at $520,000 after acquiring an additional 130,328 shares during the last quarter. State Street Corp grew its position in Aterian by 16.6% in the first quarter. State Street Corp now owns 551,522 shares of the company’s stock worth $1,340,000 after acquiring an additional 78,656 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in Aterian during the first quarter worth approximately $4,307,000. 17.13% of the stock is owned by hedge funds and other institutional investors.

About Aterian (Get Rating)

Aterian, Inc, together with its subsidiaries, operates as a technology-enabled consumer products company in North America and internationally. The company provides Artificial Intelligence Marketplace e-Commerce Engine, a software technology platform, which uses machine learning, natural language processing, and data analytics to design, develop, market, and sell products.

Read More

Insider Buying and Selling by Quarter for Aterian (NASDAQ:ATER)

Want More Great Investing Ideas?

Receive News & Ratings for Aterian Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aterian and related companies with's FREE daily email newsletter.