AWM Investment Company (10% owner) sold 186,942 shares across 3 transactions for $1.6M at blended avg $8.62
AWM Investment Company executed three separate sales totaling 186,942 shares for $1,612,090.95 between May 27–28, 2026, at prices ranging from $8.25 to $8.66. This represents a -3.7% reduction in the firm's 5.12M pre-transaction stake, leaving 4.93M shares post-sale. The blended average sale price of $8.62 sits between the current price of $8.41 and the 52-week high of $9.34; the stock has risen 29.4% over the prior 30 days and 21.9% over 90 days, placing the sales at a juncture of strong recent upward momentum. The underlying business shows mixed signals: the latest quarter recorded $13.4M revenue against a $-12.0M net loss, with annual revenue declining 5.8% year-over-year. The magnitude and timing of the sales merit observation against the company's earnings trajectory and the insider's low historical trade frequency (2 prior buys in cross-ticker history).