Flag Ship Acquisition Corporation (NASDAQ:FSHP – Get Free Report) shot up 0.2% during trading on Monday. The company traded as high as $11.29 and last traded at $11.31. 641 shares changed hands during trading, a decline of 68% from the average session volume of 1,988 shares. The stock had previously closed at $11.29.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (d)” rating on shares of Flag Ship Acquisition in a research report on Tuesday, September 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.
View Our Latest Stock Report on FSHP
Flag Ship Acquisition Stock Down 0.2%
Insider Buying and Selling at Flag Ship Acquisition
In other news, major shareholder Mizuho Securities Usa Llc sold 85,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $11.23, for a total value of $954,550.00. Following the completion of the sale, the insider owned 315,000 shares in the company, valued at approximately $3,537,450. This trade represents a 21.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 60.22% of the company’s stock.
Institutional Trading of Flag Ship Acquisition
A hedge fund recently raised its stake in Flag Ship Acquisition stock. Berkley W R Corp lifted its holdings in Flag Ship Acquisition Corporation (NASDAQ:FSHP – Free Report) by 8.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 434,420 shares of the company’s stock after buying an additional 33,482 shares during the quarter. Berkley W R Corp owned approximately 8.64% of Flag Ship Acquisition worth $4,748,000 at the end of the most recent quarter.
Flag Ship Acquisition Company Profile
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