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Matthew C. Winger, the Chief Executive Officer of Nocopi Technologies Inc. (OTC:NNUP), recently acquired a significant amount of the company’s stock, according to a filing with the Securities and Exchange Commission. On June 6, 2025, Winger purchased 101,416 shares of Nocopi Technologies’ common stock at a price of $1.10 per share, totaling $111,557. The purchase represents approximately 1% of the company’s $16.3 million market capitalization.
The acquisition was made in a private secondary transaction from a non-affiliate shareholder, exempt from the registration requirements of the Securities Act of 1933. Following this transaction, Winger’s direct ownership in the company increased to 235,916 shares. The company maintains a strong balance sheet, with InvestingPro data showing more cash than debt and a healthy current ratio of 45.66.
This move by the CEO could indicate his confidence in the company’s future prospects, particularly given the company’s 16.3% revenue growth over the last twelve months. Investors will be watching closely to see how this acquisition impacts Nocopi Technologies’ performance in the coming months. According to InvestingPro, the stock’s RSI suggests overbought conditions, with 6 additional ProTips available for subscribers to make more informed investment decisions.
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