Key Points
- We-Inn LLC sold 235,765 shares of Innventure (NASDAQ:INV) on Nov. 19 at an average price of $3.34 for about $787,455, reducing its stake by 3.01% to 7,592,563 shares (≈$25.36M).
- The Nov. 19 sale is part of a string of sizable insider disposals across Oct–Nov (e.g., 436,296 shares on Oct. 22, 302,211 on Nov. 20, and 263,782 on Nov. 18), generating millions in proceeds and signaling sustained insider selling.
- Innventure recently missed quarterly expectations (EPS -$0.51 vs. -$0.24; revenue $0.53M vs. $1.98M), shows negative margins and a market cap of roughly $190M, while analyst views are mixed—consensus "Buy" with an average target of $14 but a "sell" from Weiss Ratings.
Innventure, Inc. (NASDAQ:INV - Get Free Report) major shareholder We-Inn Llc sold 235,765 shares of the business's stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $3.34, for a total transaction of $787,455.10. Following the completion of the transaction, the insider owned 7,592,563 shares of the company's stock, valued at approximately $25,359,160.42. The trade was a 3.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
We-Inn Llc also recently made the following trade(s):
- On Thursday, November 20th, We-Inn Llc sold 302,211 shares of Innventure stock. The shares were sold at an average price of $3.51, for a total value of $1,060,760.61.
- On Tuesday, November 18th, We-Inn Llc sold 263,782 shares of Innventure stock. The stock was sold at an average price of $3.61, for a total value of $952,253.02.
- On Wednesday, October 29th, We-Inn Llc sold 149,708 shares of Innventure stock. The stock was sold at an average price of $2.92, for a total value of $437,147.36.
- On Monday, October 27th, We-Inn Llc sold 98,167 shares of Innventure stock. The shares were sold at an average price of $2.97, for a total value of $291,555.99.
- On Wednesday, October 22nd, We-Inn Llc sold 436,296 shares of Innventure stock. The shares were sold at an average price of $3.01, for a total value of $1,313,250.96.
- On Friday, October 24th, We-Inn Llc sold 263,627 shares of Innventure stock. The stock was sold at an average price of $3.03, for a total value of $798,789.81.
- On Thursday, October 23rd, We-Inn Llc sold 193,587 shares of Innventure stock. The shares were sold at an average price of $3.13, for a total transaction of $605,927.31.
- On Friday, October 10th, We-Inn Llc sold 2,300 shares of Innventure stock. The shares were sold at an average price of $3.92, for a total transaction of $9,016.00.
Innventure Stock Performance
Shares of INV stock opened at $3.39 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.39 and a debt-to-equity ratio of 0.07. The company has a 50 day moving average price of $4.29 and a 200-day moving average price of $4.75. Innventure, Inc. has a 52 week low of $2.36 and a 52 week high of $14.95. The firm has a market capitalization of $189.94 million, a PE ratio of -2.25 and a beta of 0.15.
Innventure (NASDAQ:INV - Get Free Report) last issued its earnings results on Thursday, November 13th. The company reported ($0.51) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.27). Innventure had a negative return on equity of 29.39% and a negative net margin of 18,877.40%.The company had revenue of $0.53 million during the quarter, compared to analysts' expectations of $1.98 million.
Institutional Investors Weigh In On Innventure
A number of hedge funds have recently modified their holdings of INV. Yorkville Advisors Global LP purchased a new stake in shares of Innventure in the 3rd quarter worth $43,000. Fortis Capital Advisors LLC bought a new stake in Innventure during the second quarter valued at about $52,000. OMERS ADMINISTRATION Corp bought a new stake in Innventure during the first quarter valued at about $116,000. Jane Street Group LLC purchased a new stake in Innventure in the first quarter worth about $172,000. Finally, Naviter Wealth LLC bought a new position in shares of Innventure in the second quarter worth about $141,000. Institutional investors own 55.98% of the company's stock.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a "sell (e+)" rating on shares of Innventure in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $14.00.
Get Our Latest Report on INV
About Innventure
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Innventure Inc founds, funds and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. Innventure Inc, formerly known as Learn CW Investment Corporation, is based in ORLANDO, Fla.
Further Reading
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