Agrify (NASDAQ:RYM) CEO Purchases $39,990.00 in Stock

Agrify Corp (NASDAQ:RYM - Get Free Report) CEO Benjamin Kovler bought 1,000 shares of the firm's stock in a transaction dated Friday, September 19th. The shares were bought at an average price of $39.99 per share, with a total value of $39,990.00. Following the completion of the transaction, the chief executive officer directly owned 18,000 shares in the company, valued at approximately $719,820. This trade represents a 5.88% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.Agrify Trading Down 1.3%Shares of RYM traded down $0.52 on Monday, hitting $39.39. The company's stock had a trading volume of 10,181 shares, compared to its average volume of 26,474. Agrify Corp has a fifty-two week low of $2.71 and a fifty-two week high of $84.44. About Agrify (Get Free Report)Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products.Further ReadingFive stocks we like better than AgrifyNYSE Stocks Give Investors a Variety of Quality Options How The Weak Dollar Is Fueling These Global Stock SurgesWhat is the Shanghai Stock Exchange Composite Index?3 Recession-Ready Stocks That Thrive When the Economy SputtersHow Can Retail Investors Trade the Toronto Stock Exchange (TSX)?3 Automation-Focused Stocks Flying Under the RadarThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Agrify Right Now?Before you consider Agrify, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Agrify wasn't on the list.While Agrify currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here