EU and US could reach trade deal this weekend - Reuters
Davis Marietta, a director at Priority Technology Holdings, Inc. (NASDAQ:PRTH), recently sold 9,433 shares of the company’s common stock. The transaction, which took place on May 22, 2025, was executed at a price of $7.22 per share, totaling approximately $68,106. Following this sale, Marietta retains ownership of 75,136 shares in the company. The sale comes as Priority Technology, with a market capitalization of $558 million, shows mixed signals. While InvestingPro data reveals an impressive 71% return over the past year, the stock appears undervalued according to Fair Value analysis. InvestingPro subscribers have access to 8 additional key insights about PRTH, including detailed insider trading patterns and comprehensive valuation metrics in the Pro Research Report, available for over 1,400 US stocks.
In other recent news, Priority Technology Holdings Inc. reported its financial results for the first quarter of 2025, highlighting a strong earnings performance that exceeded expectations. The company announced earnings per share (EPS) of $0.22, surpassing the anticipated $0.10. However, its revenue of $224.6 million, which marked a 9% year-over-year increase, fell short of the forecasted $227.52 million. Despite this revenue growth, the shortfall contributed to a negative market reaction. Priority Tech continues to expand its Unified Commerce Platform, securing new enterprise clients like the Minnesota Wild. The company is focusing on high-margin segments and cloud infrastructure migration to bolster its future performance. Analysts from firms such as B. Riley Securities have taken note of these developments, with discussions around the company’s resilience amid broader economic challenges. Priority Tech projects full-year 2025 revenue between $965 million and $1 billion, with adjusted EBITDA expected to range from $220 million to $230 million.
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