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Johanna Cronin, Chief Marketing Officer of Startengine Crowdfunding, Inc. (EXCHANGE:STGC), sold 14,515 shares of common stock on July 28, 2025. The sales, conducted under a Regulation A offering statement, totaled $15,815. According to InvestingPro data, the company has shown remarkable revenue growth of 148% over the last twelve months, while maintaining a healthy current ratio of 2.27.
The transactions involved two sales. The first sale involved 12,652 shares sold at $1.25 per share. The second sale involved 1,863 shares sold as Bonus Shares at $0.0 per share, as defined in the offering statement. Notably, InvestingPro analysis indicates the stock is currently undervalued, with management actively engaging in share buybacks.
Following these transactions, Cronin directly owns 18,367,451 shares of Startengine Crowdfunding, Inc. Get access to 8 more exclusive InvestingPro Tips and comprehensive financial metrics by visiting InvestingPro.
In other recent news, Scandinavian Tobacco Group A/S reported a modest increase in first-quarter group revenue by 1.3%, reaching DKK 2.0 billion. This growth was below Deutsche Bank (ETR:DBKGn)’s expectation of a 6.5% rise, primarily due to the addition of Mac Baren and a significant 41% increase in XQS product sales. Despite the overall revenue growth, the company faced an 8.8% organic decline, which was more severe than Deutsche Bank’s forecast of a 1.5% decrease. The decline was attributed to reduced consumption of handmade cigars in the United States, the end of online distribution of ZYN in the US, and temporary supply chain disruptions from SAP implementation in European factories.
Furthermore, Deutsche Bank analyst Damian McNeela adjusted the price target for Scandinavian Tobacco Group to DKK90, down from DKK103, while maintaining a Hold rating on the stock. These developments highlight the challenges the company is facing in maintaining its expected growth trajectory.
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