Screaming Eagle Acquisition Corp. (NASDAQ:SCRM – Get Free Report)’s share price shot up 9.4% on Wednesday . The company traded as high as $12.84 and last traded at $12.52. 79,873 shares were traded during mid-day trading, a decline of 90% from the average session volume of 774,426 shares. The stock had previously closed at $11.44.
Screaming Eagle Acquisition Stock Up 9.4 %
The company has a fifty day moving average of $10.71 and a 200-day moving average of $10.63.
Insider Transactions at Screaming Eagle Acquisition
In other news, major shareholder Alberta Investment Management sold 1,250,000 shares of the stock in a transaction dated Friday, April 19th. The shares were sold at an average price of $10.78, for a total value of $13,475,000.00. Following the completion of the sale, the insider now directly owns 1,325,000 shares in the company, valued at $14,283,500. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Screaming Eagle Acquisition news, major shareholder Flow State Investments, L.P. sold 500,000 shares of the business’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $10.76, for a total transaction of $5,380,000.00. Following the transaction, the insider now owns 1,591,821 shares of the company’s stock, valued at $17,127,993.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Alberta Investment Management sold 1,250,000 shares of the company’s stock in a transaction on Friday, April 19th. The shares were sold at an average price of $10.78, for a total value of $13,475,000.00. Following the completion of the sale, the insider now owns 1,325,000 shares of the company’s stock, valued at $14,283,500. The disclosure for this sale can be found here.
Institutional Trading of Screaming Eagle Acquisition
About Screaming Eagle Acquisition
Screaming Eagle Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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