Yesterday it was reported that a Director at Aspen Group Inc (Other OTC: ASPU), Sanford Rich, exercised options to buy 20,834 ASPU shares at $2.18 a share, for a total transaction value of $45.5K. The options were close to expired and Sanford Rich retained stocks.
In addition to Sanford Rich, one other ASPU executive reported Buy trades in the last month.
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Based on Aspen Group Inc’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $7.22 million and GAAP net loss of $2.84 million. In comparison, last year the company earned revenue of $4.24 million and had a GAAP net loss of $767.1K. Currently, Aspen Group Inc has an average volume of 39.19K.
Starting in December 2017, ASPU received 5 Buy ratings in a row.
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Aspen Group, Inc. is a holding company, which engages in the provision of education. It operates through its subsidiary Aspen University and United States University.
