We-Inn Llc Sells 252,502 Shares of Innventure (NASDAQ:INV) Stock

Innventure, Inc. (NASDAQ:INVGet Free Report) major shareholder We-Inn Llc sold 252,502 shares of Innventure stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $4.68, for a total value of $1,181,709.36. Following the completion of the sale, the insider owned 6,135,284 shares of the company’s stock, valued at $28,713,129.12. This trade represents a 3.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

We-Inn Llc also recently made the following trade(s):

  • On Wednesday, December 17th, We-Inn Llc sold 184,777 shares of Innventure stock. The stock was sold at an average price of $4.86, for a total transaction of $898,016.22.
  • On Wednesday, December 3rd, We-Inn Llc sold 172,589 shares of Innventure stock. The shares were sold at an average price of $4.76, for a total transaction of $821,523.64.
  • On Tuesday, December 2nd, We-Inn Llc sold 117,901 shares of Innventure stock. The stock was sold at an average price of $4.95, for a total transaction of $583,609.95.
  • On Monday, December 1st, We-Inn Llc sold 427,301 shares of Innventure stock. The shares were sold at an average price of $5.11, for a total transaction of $2,183,508.11.
  • On Thursday, November 20th, We-Inn Llc sold 302,211 shares of Innventure stock. The shares were sold at an average price of $3.51, for a total value of $1,060,760.61.
  • On Wednesday, November 19th, We-Inn Llc sold 235,765 shares of Innventure stock. The stock was sold at an average price of $3.34, for a total value of $787,455.10.
  • On Tuesday, November 18th, We-Inn Llc sold 263,782 shares of Innventure stock. The shares were sold at an average price of $3.61, for a total value of $952,253.02.
  • On Wednesday, October 29th, We-Inn Llc sold 149,708 shares of Innventure stock. The stock was sold at an average price of $2.92, for a total transaction of $437,147.36.
  • On Monday, October 27th, We-Inn Llc sold 98,167 shares of Innventure stock. The shares were sold at an average price of $2.97, for a total transaction of $291,555.99.
  • On Wednesday, October 22nd, We-Inn Llc sold 436,296 shares of Innventure stock. The stock was sold at an average price of $3.01, for a total transaction of $1,313,250.96.

Innventure Trading Down 8.6%

Shares of INV stock traded down $0.41 during mid-day trading on Thursday, reaching $4.35. The company’s stock had a trading volume of 1,851,903 shares, compared to its average volume of 401,608. The company has a quick ratio of 0.31, a current ratio of 0.39 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $271.74 million, a PE ratio of -2.88 and a beta of 0.07. The company’s 50 day simple moving average is $4.08 and its 200-day simple moving average is $4.79. Innventure, Inc. has a 12-month low of $2.36 and a 12-month high of $14.95.

Innventure (NASDAQ:INVGet Free Report) last released its quarterly earnings results on Thursday, November 13th. The company reported ($0.51) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.27). The company had revenue of ($5.00) million for the quarter, compared to analyst estimates of $1.98 million. Innventure had a negative return on equity of 29.39% and a negative net margin of 18,877.40%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Innventure in a research report on Monday, December 8th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $14.00.

View Our Latest Analysis on Innventure

Institutional Investors Weigh In On Innventure

Several large investors have recently added to or reduced their stakes in the stock. Yorkville Advisors Global LP acquired a new stake in shares of Innventure in the third quarter valued at approximately $43,000. Fortis Capital Advisors LLC bought a new position in Innventure during the 2nd quarter valued at $52,000. OMERS ADMINISTRATION Corp bought a new position in Innventure during the first quarter valued at about $116,000. Jane Street Group LLC acquired a new position in Innventure during the first quarter worth about $172,000. Finally, Naviter Wealth LLC bought a new stake in shares of Innventure in the 2nd quarter worth approximately $141,000. 55.98% of the stock is owned by institutional investors and hedge funds.

Innventure Company Profile

(Get Free Report)

Innventure Inc founds, funds and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. Innventure Inc, formerly known as Learn CW Investment Corporation, is based in ORLANDO, Fla.

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Insider Buying and Selling by Quarter for Innventure (NASDAQ:INV)

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