Director Klepfish Samuel sold 1,200,000 shares (1.20M) at $1.20 on 2024-07-23, reducing holdings by 32.1% to 2,536,671 shares (2.54M).
Director Klepfish Samuel sold 1,200,000 shares (1.20M shares) at $1.20, a substantial reduction of his shareholding from 3,736,671 shares (3.74M shares) to 2,536,671 shares (2.54M shares). The sale occurred as the stock has since risen to a current price of $1.34, up 9.8% over the prior 30 days and 39.6% over the prior 90 days, while trading within its 52-week range of $0.35–$1.40. Notably, the company faced headwinds during its most recent full fiscal year, reporting negative net income and year-over-year revenue decline of -9.8%, though the latest quarter showed net income of $1,425,874.00 ($1.4M) against revenue of $15,730,113.00 ($15.7M). The divestiture removes a substantial chunk of the director's stake while momentum has been building in the stock price post-transaction.