Exodus Movement, Inc. (NYSEAMERICAN:EXOD - Get Free Report) CTO Matias Olivera sold 2,835 shares of Exodus Movement stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $7.68, for a total transaction of $21,772.80. Following the completion of the sale, the chief technology officer owned 328,758 shares of the company's stock, valued at $2,524,861.44. This trade represents a 0.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Matias Olivera also recently made the following trade(s):
- On Friday, August 21st, Matias Olivera sold 2,835 shares of Exodus Movement stock. The stock was sold at an average price of $7.81, for a total value of $22,141.35.
Exodus Movement Stock Up 4.7%
EXOD opened at $7.85 on Tuesday. Exodus Movement, Inc. has a 52 week low of $4.57 and a 52 week high of $32.92. The business has a fifty day simple moving average of $5.65 and a 200-day simple moving average of $7.28. The firm has a market cap of $237.07 million, a P/E ratio of -2.61 and a beta of 1.90.
Exodus Movement (NYSEAMERICAN:EXOD - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported ($0.62) earnings per share for the quarter. The firm had revenue of $26.23 million during the quarter. Exodus Movement had a negative net margin of 79.87% and a negative return on equity of 36.07%. Sell-side analysts expect that Exodus Movement, Inc. will post -1.46 earnings per share for the current year.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on EXOD. BTIG Research reduced their price target on shares of Exodus Movement from $20.00 to $16.00 and set a "buy" rating on the stock in a research report on Tuesday, May 12th. Benchmark dropped their price objective on shares of Exodus Movement from $21.00 to $12.00 and set a "buy" rating for the company in a report on Monday, July 20th. Cantor Fitzgerald upped their target price on shares of Exodus Movement from $14.00 to $15.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 12th. Northland Securities set a $8.50 target price on shares of Exodus Movement in a report on Wednesday, August 12th. Finally, Zacks Research raised shares of Exodus Movement from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $15.92.
Get Our Latest Report on Exodus Movement
Institutional Investors Weigh In On Exodus Movement
Several large investors have recently bought and sold shares of the stock. Vontobel Holding Ltd. raised its position in Exodus Movement by 9.3% in the 4th quarter. Vontobel Holding Ltd. now owns 15,266 shares of the company's stock valued at $226,000 after purchasing an additional 1,295 shares in the last quarter. Vident Advisory LLC grew its position in shares of Exodus Movement by 10.8% during the fourth quarter. Vident Advisory LLC now owns 22,881 shares of the company's stock worth $338,000 after buying an additional 2,229 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Exodus Movement by 42,971.4% during the fourth quarter. Royal Bank of Canada now owns 3,015 shares of the company's stock worth $44,000 after buying an additional 3,008 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Exodus Movement by 20.2% during the first quarter. Bank of New York Mellon Corp now owns 24,526 shares of the company's stock worth $159,000 after buying an additional 4,124 shares during the period. Finally, Invesco Ltd. raised its holdings in Exodus Movement by 52.8% in the fourth quarter. Invesco Ltd. now owns 15,722 shares of the company's stock valued at $233,000 after acquiring an additional 5,436 shares in the last quarter.
About Exodus Movement
(
Get Free Report)
Exodus Movement, Inc is a software company focused on developing user-friendly tools for managing digital assets. Its flagship product, the Exodus Wallet, is a non-custodial cryptocurrency wallet available on desktop and mobile platforms. The wallet enables users to secure, send, receive and exchange a broad range of digital currencies while retaining full control of their private keys. With built-in portfolio tracking and an integrated exchange feature powered by third-party liquidity providers, Exodus offers a one-stop interface for both newcomers and experienced crypto enthusiasts.
Since its initial release in mid-2016, Exodus has expanded support to over 100 cryptocurrencies and tokens, including major assets such as Bitcoin, Ethereum and Litecoin as well as numerous ERC-20 tokens.
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