Microvast Holdings announces departure of chief financial officer
Director Spencer Hart of Loop Industries, Inc. (NASDAQ:LOOP) recently purchased a total of 97,990 shares of common stock in three separate transactions, with a total value of $136380. The timing appears strategic, as InvestingPro data shows the stock has surged 36.59% in the past week, with analyst price targets ranging from $3.00 to $5.80.
On July 24, 2025, Hart acquired 41,317 shares at a weighted average price of $1.252, in a range from $1.2267 to $1.2899. Following this, on July 25, 2025, he purchased 27,562 shares at a weighted average price of $1.3242, in a range from $1.2950 to $1.3500. The final transaction occurred on July 28, 2025, with the purchase of 29,121 shares at a weighted average price of $1.6536, in a range from $1.6500 to $1.6650. The stock’s current price of $1.68 reflects significant volatility, with a beta of 1.78 according to InvestingPro metrics.
Following these transactions, Hart directly owns 340,370 shares of Loop Industries, representing a notable stake in this $81.12M market cap company. Get comprehensive insights and 8 additional key ProTips for LOOP through InvestingPro’s detailed research report.
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