CTO Pranav Gokhale sold 120,000 shares of INFQ at $17.73 on 2026-06-04 for $2.1M; stock now at $14.56, down 31.6% from 52-week high.
Pranav Gokhale, Chief Technology Officer, sold 120,000 shares (120.0K shares) at $17.73, reducing his holdings by 5.1% to 2,218,980 shares (2.22M shares). The sale occurred when the stock was trading near mid-range of its 52-week range of $8.52–$21.28, and the current price of $14.56 reflects a 31.6% decline from the 52-week high. The broader context shows INFQ reported net income of $-30,263,000.00 ($-30.3M) over its most recent full fiscal year despite generating revenue of $9,461,000.00 ($9.5M) in the latest quarter, indicating significant ongoing operational losses. This sale by a key technology executive provides a data point on insider behavior during a period of operational losses and stock price pressure.