D-Wave Quantum falls nearly 3% as earnings miss overshadows revenue beat
Kempster Thomas, Executive Vice President at Data Storage Corp (NASDAQ:DTST), a $25.7 million market cap company trading at a P/E ratio of 155.6x, recently executed a sale of company stock. According to the latest SEC filing, Thomas sold 1,373 shares of common stock on March 3, 2025, at a price of $3.83 per share. The total value of this transaction was approximately $5,258.
Earlier, on February 28, 2025, Thomas acquired 4,902 shares of common stock through the conversion of restricted stock units, which convert on a one-for-one basis. This acquisition did not involve any direct purchase cost, as it was part of a vesting schedule tied to a grant from March 2023. Following these transactions, Thomas holds a total of 833,112 shares in the company, which has maintained profitability over the last twelve months and holds more cash than debt on its balance sheet. InvestingPro analysis reveals 8 additional key insights about DTST’s financial health and valuation metrics.
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