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SUMMIT, N.J.—Joshua Feldman, Chief Financial Officer of Aterian, Inc. (NASDAQ:ATER), recently executed several stock transactions, according to a filing with the Securities and Exchange Commission. On June 11, Feldman acquired 248,049 shares of common stock at $1.39 per share, totaling $344,788. These shares were part of a restricted stock grant under the company’s 2018 Equity Incentive Plan and are subject to vesting conditions. The transaction comes as the stock trades near its 52-week low of $1.22, with InvestingPro analysis indicating potential undervaluation despite recent market volatility.
Following this acquisition, Feldman sold a total of 16,576 shares over two days. On June 12, he sold 15,322 shares at a weighted average price of $1.32 per share, and on June 13, he sold 1,254 shares at a weighted average price of $1.23 per share. The total value of these sales amounted to $21,767. The filing notes that the sales were conducted for tax-related purposes. The company maintains strong fundamentals with a 61.31% gross profit margin and healthy liquidity ratio of 1.75.
After these transactions, Feldman holds 377,442 shares of Aterian’s common stock, maintaining a significant stake in the company valued at current market prices. For deeper insights into Aterian’s financial health and growth prospects, including 20+ exclusive ProTips, visit InvestingPro.
In other recent news, Aterian Inc. reported a significant decline in its first-quarter revenue for 2025, with a 24% drop compared to the previous year, resulting in net revenue of $15.4 million. Despite this decline, the company slightly improved its adjusted EBITDA loss to $2.5 million from $2.6 million in the same quarter of 2024. Aterian is focusing on cost reduction initiatives, targeting $5-6 million in annual savings, and is shifting its manufacturing focus to U.S.-sourced products to navigate ongoing market challenges. The company has paused new category launches from Asia and plans to introduce new U.S.-sourced products, including Squatty Potty flushable wipes, later in the year. Aterian has withdrawn its 2025 financial guidance due to market volatility and is concentrating on cash preservation. CEO Arturo Rodriguez expressed confidence in the company’s long-term trajectory, emphasizing resilience and strategic initiatives to mitigate the impact of tariffs and macroeconomic pressures. The company does not plan to raise equity capital in 2025 and is postponing its share repurchase program until the market environment stabilizes.
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