Fannie Mae, Freddie Mac shares tumble after conservatorship comments
Bradley J. Miller, General Counsel and Chief Risk Officer of Priority Technology Holdings, Inc. (NASDAQ:PRTH), has sold 100,000 shares of the company’s common stock. The company, with a market capitalization of $632 million, has demonstrated strong performance with a 97% return over the past year. The transaction, completed on June 11, 2025, was executed at a weighted average price of $8.55 per share, amounting to a total value of $855,000. Following this sale, Miller holds 243,620 shares directly. According to InvestingPro analysis, PRTH appears undervalued at its current price of $7.93, with analysts expecting the company to return to profitability this year. Discover more insights and 6 additional ProTips with InvestingPro’s comprehensive research report.
In other recent news, Priority Technology Holdings Inc. reported its financial results for the first quarter of 2025, revealing strong earnings per share (EPS) that surpassed analyst expectations. The company posted an EPS of $0.22, significantly exceeding the forecasted $0.10. Despite this, Priority Tech’s revenue of $224.6 million, which marked a 9% increase year-over-year, fell short of the anticipated $227.52 million. This revenue shortfall contributed to a negative market reaction.
On the analyst front, there were no specific upgrades or downgrades mentioned, but the company’s performance was closely scrutinized. Priority Tech is focusing on high-margin segments and cloud infrastructure migration to drive future growth. The company has projected its full-year 2025 revenue to range between $965 million and $1 billion, with adjusted EBITDA expected to be between $220 million and $230 million.
Priority Tech’s CEO, Tom Priore, highlighted the company’s resilience and strategic focus on its Unified Commerce Platform. Additionally, the company secured new enterprise clients, including the Minnesota Wild, showcasing its expanding client base. These developments reflect Priority Tech’s ongoing efforts to strengthen its market position despite broader economic challenges.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.