Key Points
- Allan Marshall, Upexi's CEO, bought 50,000 shares on Dec. 23 at an average price of $1.80 (~$90,000), raising his direct holdings to 4,046,261 shares (a 1.25% increase).
- The Dec. 23 purchase follows two recent insider buys (100,000 and 50,000 shares on Dec. 15–16 at about $2.07 each), signaling continued insider accumulation.
- The board authorized a $50 million share repurchase (up to ~25.1% of shares); the company beat revenue estimates but missed EPS, and the stock trades near its 52‑week low of $1.79.
Upexi, Inc. (NASDAQ:UPXI - Get Free Report) CEO Allan Marshall acquired 50,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 23rd. The stock was acquired at an average price of $1.80 per share, for a total transaction of $90,000.00. Following the completion of the acquisition, the chief executive officer directly owned 4,046,261 shares of the company's stock, valued at $7,283,269.80. The trade was a 1.25% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
Allan Marshall also recently made the following trade(s):
- On Tuesday, December 16th, Allan Marshall bought 50,000 shares of Upexi stock. The shares were acquired at an average cost of $2.07 per share, with a total value of $103,500.00.
- On Monday, December 15th, Allan Marshall bought 100,000 shares of Upexi stock. The stock was acquired at an average price of $2.07 per share, for a total transaction of $207,000.00.
Upexi Stock Performance
Shares of Upexi stock opened at $1.84 on Wednesday. The firm has a market cap of $116.31 million, a PE ratio of -0.43 and a beta of -0.52. The company has a quick ratio of 3.39, a current ratio of 3.41 and a debt-to-equity ratio of 0.68. Upexi, Inc. has a 52 week low of $1.79 and a 52 week high of $22.57. The business's fifty day simple moving average is $3.32 and its 200-day simple moving average is $5.43.
Upexi (NASDAQ:UPXI - Get Free Report) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.11). Upexi had a net margin of 264.25% and a negative return on equity of 30.42%. The company had revenue of $9.24 million during the quarter, compared to analysts' expectations of $7.33 million.
Upexi announced that its Board of Directors has authorized a share repurchase plan on Thursday, November 13th that authorizes the company to buyback $50.00 million in shares. This buyback authorization authorizes the company to repurchase up to 25.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in UPXI. Ameritas Advisory Services LLC acquired a new position in shares of Upexi in the third quarter valued at approximately $26,000. Belpointe Asset Management LLC acquired a new stake in Upexi during the 3rd quarter worth approximately $58,000. Arkadios Wealth Advisors acquired a new stake in Upexi during the 3rd quarter worth approximately $58,000. GSA Capital Partners LLP purchased a new position in Upexi in the 3rd quarter valued at approximately $66,000. Finally, Bank of America Corp DE grew its stake in shares of Upexi by 3,733.8% in the third quarter. Bank of America Corp DE now owns 13,725 shares of the company's stock worth $79,000 after acquiring an additional 13,367 shares in the last quarter. Hedge funds and other institutional investors own 5.68% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on UPXI shares. Wall Street Zen upgraded shares of Upexi from a "sell" rating to a "hold" rating in a report on Tuesday, December 16th. Weiss Ratings reissued a "sell (d+)" rating on shares of Upexi in a research report on Monday, December 15th. Finally, Cantor Fitzgerald decreased their price target on Upexi from $16.00 to $6.00 and set an "overweight" rating on the stock in a research note on Friday, November 14th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Upexi currently has a consensus rating of "Hold" and a consensus price target of $10.50.
Read Our Latest Stock Analysis on UPXI
About Upexi
(
Get Free Report)
Upexi (NASDAQ: UPXI) is a full-service digital consultancy that partners with brands to design, develop, and deploy digital products and marketing strategies. The company's expertise spans user experience and interface design, custom software engineering, and data-driven marketing services. By integrating research, creative design, and technical execution, Upexi helps clients accelerate product development cycles and optimize their digital presence.
The firm serves a diverse, global clientele across sectors such as e-commerce, software-as-a-service (SaaS), healthcare, and finance.
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