Asta Funding Inc. (ASFI) CFO Robert J Michel buys 5,000 Shares

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Mar 13, 2009
CFO of Asta Funding Inc. (ASFI, Financial) Robert J Michel buys 5,000 shares of ASFI on 03/12/2009 at an average price of $1.58 a share.

Asta Funding Inc. is a consumer finance company specializing in the business of purchasing selling and servicing retail automobile installment contracts originated by dealers in the sale primarily of used automobiles. Through its purchases the company provides indirect financing to borrowers with limited credit histories lower than average incomes or past credit problems. Asta Funding Inc. has a market cap of $26.4 million; its shares were traded at around $1.85 with a P/E ratio of 0.6 and P/S ratio of 0.2. The dividend yield of Asta Funding Inc. stocks is 4.4%. Asta Funding Inc. had an annual average earning growth of 42.6% over the past 5 years.

ASFI is in the portfolios of Bruce Sherman of Private Capital Management.



Recent Trades of Asta Funding Inc. by CFO:
  • Buy: CFO Robert J Michel bought 5,000 shares of ASFI stock on 03/12/2009 at the average price of $1.58; the price of the stock has increased by 17.09% since.