NESCO Holdings sold 2,354,109 shares of CTOS at $3.42; stock down 51.6% from 52-week high, 26.8% in 90 days.
NESCO Holdings, a 10% owner, sold 2,354,109 shares for $8,051,052.78 on 2024-09-05, reducing its stake from 25,738,988 shares to 23,384,879 shares. The company is trading at $3.39 (current price), down 51.6% from its 52-week high of $7.00 and down 26.8% over the past 90 days. The sale occurred at $3.42, nearly aligned with today's depressed price level. Despite strong annual revenue growth of 18.6% to $423.0M, the company reported a net loss of $-24,478,000.00 in the latest quarter, suggesting operational headwinds that may be weighing on the stock's performance and shareholder disposition.