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Director Ivo James Cavoli of CPS Technologies CORP/DE/ (NASDAQ:CPSH) recently purchased 6,260 shares of common stock. The transaction, which occurred on June 18, 2025, involved a price of $2.5388 per share, slightly below the current trading price of $2.60. The purchase comes amid a notable 61% surge in the stock price over the past six months, despite a recent 7.75% weekly decline. According to InvestingPro analysis, the stock appears to be trading near its Fair Value.
According to a Form 4 filing with the Securities and Exchange Commission, the total value of the purchase amounted to $15,892. Following this transaction, Cavoli directly owns 13,260 shares of CPS Technologies. InvestingPro data shows the company holds more cash than debt on its balance sheet, with a current ratio of 3.29x, indicating strong short-term liquidity. Get access to 8 more exclusive ProTips and a comprehensive research report for CPSH through InvestingPro.
In other recent news, CPS Technologies reported a significant financial performance boost for the first quarter of 2025, with revenue rising by 27% year-over-year to $7.5 million. This marks a record quarterly revenue for the company, driven by strong demand in electric vehicle and power module markets. The company also achieved an operating profit of $130,000, reversing an operating loss from the previous year. Net income for the quarter stood at $100,000, contrasting with a net loss of $140,000 in the same period last year. Shareholders at CPS Technologies’ 2025 Annual Meeting overwhelmingly approved the election of five directors and the compensation of named executive officers. Additionally, the company’s selection of an independent registered public accounting firm was ratified, reflecting shareholder confidence in CPS Technologies’ financial oversight. The company is also focusing on expanding its presence in military and aerospace markets, as well as developing new products like fiber-reinforced aluminum. Looking ahead, CPS Technologies anticipates continued revenue growth and margin improvements, with plans to participate in the Sidoti Virtual Investor Conference.
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