Key Points
- Grabagun Digital CEO Marc Nemati sold 4,083 shares on April 16 at an average price of $2.98 under a pre-arranged Rule 10b5-1 trading plan to cover tax withholding on vested equity, reducing his stake by 0.16% but leaving him with 2,535,901 shares (~$7.56M).
- The company reported quarterly EPS of $0.01 and revenue of $29.62 million, beating consensus estimates for both EPS (‑$0.01) and revenue ($27.80M).
- Shares trade near $2.99 with a market cap of $88.09M and a 12‑month range of $2.55–$21.40, and analysts hold a consensus Sell rating after recent coverage from Weiss Ratings and Wall Street Zen.
Grabagun Digital Holdings Inc. (NYSE:PEW - Get Free Report) CEO Marc Nemati sold 4,083 shares of Grabagun Digital stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $2.98, for a total value of $12,167.34. Following the transaction, the chief executive officer directly owned 2,535,901 shares of the company's stock, valued at approximately $7,556,984.98. The trade was a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Grabagun Digital Stock Performance
PEW opened at $2.99 on Friday. The company has a market cap of $88.09 million, a price-to-earnings ratio of -27.14 and a beta of -0.09. The company has a current ratio of 7.19, a quick ratio of 6.69 and a debt-to-equity ratio of 0.06. The stock has a 50-day moving average price of $2.92. Grabagun Digital Holdings Inc. has a twelve month low of $2.55 and a twelve month high of $21.40.
Grabagun Digital (NYSE:PEW - Get Free Report) last announced its quarterly earnings results on Thursday, March 12th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. The firm had revenue of $29.62 million for the quarter, compared to the consensus estimate of $27.80 million.
Institutional Investors Weigh In On Grabagun Digital
A number of hedge funds have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP acquired a new stake in Grabagun Digital in the 4th quarter valued at about $32,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Grabagun Digital during the fourth quarter worth approximately $43,000. Bridgeway Capital Management LLC bought a new stake in shares of Grabagun Digital during the fourth quarter valued at approximately $150,000. XTX Topco Ltd increased its holdings in shares of Grabagun Digital by 195.7% in the fourth quarter. XTX Topco Ltd now owns 62,461 shares of the company's stock valued at $188,000 after purchasing an additional 41,335 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in shares of Grabagun Digital in the fourth quarter valued at approximately $279,000. Institutional investors own 4.80% of the company's stock.
Analysts Set New Price Targets
PEW has been the subject of a number of research analyst reports. Weiss Ratings assumed coverage on Grabagun Digital in a report on Monday, March 16th. They issued a "sell (d)" rating on the stock. Wall Street Zen raised Grabagun Digital from a "strong sell" rating to a "sell" rating in a report on Saturday, April 11th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Grabagun Digital presently has a consensus rating of "Sell".
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Grabagun Digital Company Profile
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GrabAGun.com is an online retailer of firearms, ammunition and related accessories. GrabAGun.com, formerly known as Colombier Acquisition Corp. II, is based in COPPELL, Texas.
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