Upexi (NASDAQ:UPXI) CEO Acquires $207,000.00 in Stock

Upexi, Inc. (NASDAQ:UPXI) CEO Allan Marshall purchased 100,000 shares of Upexi stock in a transaction that occurred on Monday, December 15th. The stock was acquired at an average cost of $2.07 per share, with a total value of $207,000.00. Following the acquisition, the chief executive officer directly owned 3,946,261 shares of the company’s stock, valued at $8,168,760.27. The trade was a 2.60% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

Allan Marshall also recently made the following trade(s):

• On Tuesday, December 16th, Allan Marshall acquired 50,000 shares of Upexi stock. The shares were acquired at an average price of $2.07 per share, for a total transaction of $103,500.00.

Upexi Stock Performance

Upexi stock opened at $2.08 on Friday. Upexi, Inc. has a 52 week low of $1.86 and a 52 week high of $22.57. The company has a current ratio of 3.41, a quick ratio of 3.39 and a debt-to-equity ratio of 0.68. The stock has a market cap of $131.48 million, a P/E ratio of -0.49 and a beta of -0.52. The stock has a 50 day moving average of $3.50 and a 200-day moving average of $5.64.

Upexi (NASDAQ:UPXI) last issued its quarterly earnings results on Wednesday, November 12th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.11). Upexi had a negative return on equity of 30.42% and a net margin of 264.25%.The company had revenue of $9.24 million during the quarter, compared to the consensus estimate of $7.33 million.

Upexi announced that its Board of Directors has initiated a share repurchase plan on Thursday, November 13th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 25.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Hedge Funds Weigh In On Upexi

Several institutional investors have recently made changes to their positions in UPXI. Kathmere Capital Management LLC acquired a new stake in shares of Upexi during the 2nd quarter worth approximately $6,535,000. Alyeska Investment Group L.P. acquired a new stake in Upexi in the third quarter worth $7,175,000. MMCAP International Inc. SPC acquired a new stake in Upexi in the third quarter worth $4,425,000. UBS Group AG lifted its stake in Upexi by 1,988.7% in the third quarter. UBS Group AG now owns 757,244 shares of the company’s stock valued at $4,369,000 after buying an additional 720,990 shares during the last quarter. Finally, Shariaportfolio Inc. acquired a new position in shares of Upexi during the third quarter valued at $3,593,000. 5.68% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

UPXI has been the topic of several research reports. Cantor Fitzgerald cut their price objective on Upexi from $16.00 to $6.00 and set an “overweight” rating on the stock in a research note on Friday, November 14th. Wall Street Zen upgraded Upexi from a “sell” rating to a “hold” rating in a report on Tuesday. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Upexi in a research note on Monday. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Upexi currently has an average rating of “Hold” and a consensus price target of $10.50.

About Upexi

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.