Key Points
- John Stewart Scott sold 452,668 shares of Innventure at an average price of $5.13 on Nov. 26 for a total of $2,322,186.84, reducing his direct stake to 1,965,051 shares (an 18.72% drop).
- Innventure reported weak quarterly results—EPS of ($0.51) vs. consensus ($0.24) and revenue of $0.53M vs. $1.98M—alongside extreme negative margins and ROE; the stock trades near $5.20 with a 12‑month range of $2.36–$14.95 and a market cap around $324.8M.
- Analyst sentiment is mixed: MarketBeat’s consensus is a "Buy" with a $14 price target, but Weiss Ratings recently reiterated a "sell (e+)" rating.
Innventure, Inc. (NASDAQ:INV - Get Free Report) CEO Gregory Haskell purchased 10,000 shares of the stock in a transaction dated Wednesday, November 26th. The shares were acquired at an average price of $5.14 per share, with a total value of $51,400.00. Following the completion of the acquisition, the chief executive officer owned 762,115 shares in the company, valued at approximately $3,917,271.10. This trade represents a 1.33% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Innventure Trading Down 5.1%
INV stock traded down $0.28 during mid-day trading on Thursday, hitting $5.20. 2,597,599 shares of the company were exchanged, compared to its average volume of 1,547,652. Innventure, Inc. has a 12-month low of $2.36 and a 12-month high of $14.95. The firm has a market capitalization of $324.84 million, a P/E ratio of -3.44 and a beta of 0.15. The business has a fifty day simple moving average of $4.16 and a 200-day simple moving average of $4.77. The company has a quick ratio of 0.31, a current ratio of 0.39 and a debt-to-equity ratio of 0.07.
Innventure (NASDAQ:INV - Get Free Report) last posted its quarterly earnings data 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 net margin of 18,877.40% and a negative return on equity of 29.39%. The firm had revenue of $0.53 million during the quarter, compared to analysts' expectations of $1.98 million.
Institutional Investors Weigh In On Innventure
Several hedge funds and other institutional investors have recently made changes to their positions in INV. Yorkville Advisors Global LP acquired a new position in Innventure during the third quarter worth approximately $43,000. Fortis Capital Advisors LLC acquired a new position in Innventure during the second quarter worth $52,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Innventure during the 1st quarter worth approximately $116,000. Naviter Wealth LLC purchased a new stake in shares of Innventure during the second quarter worth about $141,000. Finally, Diametric Capital LP increased its stake in Innventure by 144.3% in the second quarter. Diametric Capital LP now owns 32,573 shares of the company's stock valued at $156,000 after purchasing an additional 19,242 shares during the last quarter. Institutional investors and hedge funds own 55.98% of the company's stock.
Analyst Ratings Changes
Separately, Weiss Ratings restated a "sell (e+)" rating on shares of Innventure in a report on Monday, November 17th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $14.00.
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Innventure Company Profile
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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.
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