Stern Ricky is Buying Asta Funding Inc. (NASDAQ:ASFI) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Asta Funding Inc. (NASDAQ:ASFI) reported that Stern Ricky has picked up 862,000 of common stock as of 2017-03-02.

The acquisition brings the aggregate amount owned by Stern Ricky to a total of 862,000 representing a 13.1% stake in the company.

For those not familiar with the company, Asta Funding, Inc. is primarily engaged in the businesses of acquiring, managing, servicing and recovering on portfolios of consumer receivables. The Company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements and GAR Disability Advocates. The Consumer receivables segment is engaged in purchasing, managing for its own account and servicing distressed consumer receivables, including charged off receivables, semi-performing receivables and performing receivables. The Personal injury claims segment includes the operations of its subsidiary, Pegasus Funding, LLC. The Structured settlements segment includes the operations of CBC Settlement Funding, LLC (CBC). The GAR Disability Advocates segment includes the operations of GAR Disability Advocates, LLC (GAR Disability Advocates). GAR Disability Advocates is a social security benefit and disability advocacy group.

A glance at Asta Funding Inc. (NASDAQ:ASFI)’s key stats reveals a current market capitalization of 105.15 million based on 11.88 Million shares outstanding and a price at last close of $8.95 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-02-23, Stern picked up 471,086 at a purchase price of $10.35. This brings their total holding to 714,364 as of the date of the filing.

On the sell side, the most recent transaction saw Leibowitz unload 2,000 shares at a sale price of $8.07. This brings their total holding to 7,000.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Asta Funding Inc. (NASDAQ:ASFI) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

Guess Who Picked Up Polarityte Inc. (NASDAQ:COOL) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Polarityte Inc. (NASDAQ:COOL) reported that Honig Barry C has picked up 465,738 of common stock as of 2017-03-02.

The acquisition brings the aggregate amount owned by Honig Barry C to a total of 465,738 representing a 10.73% stake in the company.

For those not familiar with the company, PolarityTE, Inc., formerly Majesco Entertainment Company, is the owner of patent applications and know-how related to regenerative medicine and tissue engineering, as well as software applications used in diagnosis and treatment related to regenerative medicine. The Company seeks to develop and obtain regulatory approval for technology that will utilize a patient’s own tissue substrates for the regeneration of skin, bone, muscle, cartilage, fat, blood vessels and nerves. The Company’s PolarityTE platform simplifies regeneration and allows cells to function naturally. The platform can be applied across all cells, tissues and composite structures. The Company focuses on various products, including SkinTE, OsteoTE, AngioTE, MyoTE, CartTE, AdiposeTE and NeuralTE. The Company, through SkinTE, is focused on supplying an autologous construct to regenerate a patient’s skin due to a variety of injuries and conditions.

A glance at Polarityte Inc. (NASDAQ:COOL)’s key stats reveals a current market capitalization of 26.89 million based on 4.25 Million shares outstanding and a price at last close of $6.17 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-02-24, Elliott picked up 2,500 at a purchase price of $7.71. This brings their total holding to 324,648 as of the date of the filing.

On the sell side, the most recent transaction saw Aronson unload 2,500 shares at a sale price of $1.21. This brings their total holding to 60,919.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Polarityte Inc. (NASDAQ:COOL) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

Skip to content