Bullish indicating open at $55-$60, IPO prices at $37
Annie Pratt, President of Nxu, Inc. (NASDAQ:NXU), has reported a series of stock transactions in recent months, according to a recent SEC filing. The most significant of these transactions occurred on November 8, 2024, when Pratt sold shares valued at $14,327, with prices ranging from $0.33 to $0.3478 per share. The company, currently valued at $1.37 billion, has shown strong financial performance with a "GREAT" health score according to InvestingPro metrics.
In addition to this notable sale, Pratt engaged in several other stock sales. On November 18 and 19, 2024, she sold shares totaling $3,523, with prices ranging from $0.24 to $0.29. Further transactions were reported on December 5 and 10, 2024, amounting to $2,098, with share prices between $0.2304 and $0.2413. The stock has demonstrated solid fundamentals, with revenue growing at 8.27% and trading at a P/E ratio of 39.22.
Pratt’s transactions also included sales on January 15, 2025, valued at $3,229, and on January 17, 2025, totaling $2,536, with respective share prices of $0.5606 and $0.5404. Additional sales on January 22 and 24, 2025, amounted to $1,265, with prices ranging from $0.5325 to $0.5486.
These transactions reflect a series of strategic moves by Pratt, with the total value of her recent sales indicating a significant engagement with the company’s stock.
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