A Director at Aspen Group Inc is Exercising Options

Today it was reported that a Director at Aspen Group Inc (ASPU), Andrew Kaplan, exercised options to buy 15,105 ASPU shares at $2.15 a share, for a total transaction value of $32.6K. The options were close to expired and Andrew Kaplan retained stocks.

This recent transaction increases Andrew Kaplan’s holding in the company by 41.94% to a total of $312.7K. In addition to Andrew Kaplan, 3 other ASPU executives reported Buy trades in the last month.

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Based on Aspen Group Inc’s latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $10.21 million and GAAP net loss of $1.61 million. In comparison, last year the company earned revenue of $7.23 million and had a GAAP net loss of $3.66 million. Currently, Aspen Group Inc has an average volume of 35.74K.

Starting in September 2018, ASPU received 15 Buy ratings in a row.

The insider sentiment on Aspen Group Inc has been positive according to 48 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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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.

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