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Raymond J. Kunkel, Chief Operating Officer of Charlotte’s Web Holdings, Inc. (EXCHANGE:CWBHF), a company currently valued at $15 million and showing signs of financial strain with an EBITDA of -$12.9 million in the last twelve months, acquired 229167 common shares of the company on September 2, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at a price of $0.10, totaling $22916, amid the stock’s significant volatility and 39% decline over the past year. Following the transaction, Kunkel directly owns 718922 shares of Charlotte’s Web Holdings. InvestingPro analysis reveals concerning metrics about the company’s financial health, with multiple risk factors identified in the comprehensive Pro Research Report available to subscribers.
In other recent news, Charlotte’s Web Holdings Inc. reported its financial results for the second quarter of 2025, revealing a mixed performance. The company missed earnings per share (EPS) forecasts, posting an EPS of -$0.04 compared to the anticipated -$0.03. However, Charlotte’s Web exceeded revenue expectations with reported earnings of $12.8 million, representing a 15.73% increase over the forecasted $11.06 million. This revenue beat highlights the company’s ability to generate more sales than analysts had predicted. Despite the mixed results, the stock price remained stable in pre-market trading, indicating cautious investor sentiment. These recent developments provide insights into the company’s financial health and market performance. The earnings report is a crucial indicator for investors assessing the company’s current standing.
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