Upexi, Inc. (NASDAQ:UPXI - Get Free Report) CFO Andrew James Norstrud purchased 43,860 shares of the business's stock in a transaction that occurred on Thursday, April 17th. The stock was bought at an average cost of $2.28 per share, with a total value of $100,000.80. Following the acquisition, the chief financial officer now owns 59,138 shares in the company, valued at $134,834.64. This represents a 287.08 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Upexi Stock Performance
Shares of UPXI stock opened at $15.51 on Friday. Upexi, Inc. has a fifty-two week low of $1.90 and a fifty-two week high of $22.57. The stock's fifty day moving average is $3.51 and its two-hundred day moving average is $4.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.53 and a current ratio of 0.58.
Upexi (NASDAQ:UPXI - Get Free Report) last posted its quarterly earnings results on Friday, February 14th. The company reported ($1.24) EPS for the quarter. The company had revenue of $4.01 million during the quarter.
Institutional Investors Weigh In On Upexi
An institutional investor recently bought a new position in Upexi stock. Bank of Montreal Can purchased a new position in shares of Upexi, Inc. (NASDAQ:UPXI - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,008 shares of the company's stock, valued at approximately $36,000. Bank of Montreal Can owned 0.81% of Upexi at the end of the most recent quarter. Institutional investors own 5.68% of the company's stock.
About Upexi
(
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Upexi, Inc manufactures and sells various branded products in the health, wellness, pet, beauty, and other markets. The company was formerly known as Grove, Inc and changed its name to Upexi, Inc in August 2022. The company was incorporated in 2018 and is headquartered in Clearwater, Florida.
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