Upexi, Inc. (NASDAQ:UPXI) CFO Andrew James Norstrud Buys 43,860 Shares

Upexi, Inc. (NASDAQ:UPXI) CFO Andrew James Norstrud purchased 43,860 shares of the firm’s stock in a transaction dated Thursday, April 17th. The stock was acquired at an average cost of $2.28 per share, with a total value of $100,000.80. Following the completion of the acquisition, the chief financial officer now directly owns 59,138 shares in the company, valued at approximately $134,834.64. This trade represents a 287.08 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Upexi Trading Up 14.7 %

Shares of NASDAQ UPXI opened at $15.51 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.58 and a quick ratio of 0.53. The firm’s 50-day moving average price is $3.51 and its two-hundred day moving average price is $4.12. Upexi, Inc. has a 52-week low of $1.90 and a 52-week high of $22.57.

Upexi (NASDAQ:UPXI) last announced its quarterly earnings results on Friday, February 14th. The company reported ($1.24) earnings per share (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 acquired a new position in Upexi, Inc. (NASDAQ:UPXI) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,008 shares of the company’s stock, valued at approximately $36,000. Bank of Montreal Can owned 0.81% of Upexi as of its most recent SEC filing. 5.68% of the stock is owned by institutional investors.

About Upexi

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.