Procap Financial, Inc. (NASDAQ:BRR – Get Free Report) CIO Jeffrey Jin Hyung Park sold 50,962 shares of the firm’s stock in a transaction dated Sunday, May 18th. The stock was sold at an average price of $1.93, for a total value of $98,356.66. Following the completion of the transaction, the executive owned 713,218 shares of the company’s stock, valued at approximately $1,376,510.74. This represents a 6.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Procap Financial Stock Performance
NASDAQ BRR traded down $0.10 during trading hours on Thursday, hitting $1.72. The company had a trading volume of 986,122 shares, compared to its average volume of 776,396. Procap Financial, Inc. has a 52 week low of $1.71 and a 52 week high of $16.25.
Analyst Ratings Changes
Separately, Wall Street Zen cut Procap Financial from a “hold” rating to a “sell” rating in a report on Sunday, April 12th.
Procap Financial Company Profile
ProCap Financial, Inc operates as a bitcoin-native financial services company. The company is based in New York, New York.
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