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Playstudios Inc (NASDAQ:MYPS), a gaming company with a market capitalization of $133.5 million, saw its Chief Financial Officer Scott Edward Peterson sell 25,000 shares of Class A Common Stock on August 11, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $1.03, for a total value of $25,750. The prices for the sales ranged from $1.00 to $1.05.
Following the transaction, Peterson directly holds 576,421 shares of Playstudios through the Scott E Peterson Trust. Peterson also indirectly holds 84,416 shares by spouse. The sale comes as the stock trades near its 52-week low of $1.00, having declined over 42% in the past six months. According to InvestingPro analysis, the company appears undervalued based on its Fair Value metrics.
The sale was executed under a Rule 10b5-1 trading plan adopted on August 29, 2024, which allows for the sale of up to 134,201 shares and is set to terminate on September 12, 2025. Want deeper insights? InvestingPro offers exclusive access to 13 additional ProTips and comprehensive analysis for MYPS, including detailed financial health scores and valuation metrics.
Peterson also holds derivative securities in PLAYSTUDIOS, including: 333,334 Restricted Stock Units, 250,001 Restricted Stock Units, 250,000 Performance Stock Units, 67,974 Stock Options, 67,971 Stock Options, 12,840 Earnout Shares and 50,518 Earnout Shares.
In other recent news, Playstudios Inc. reported its second-quarter earnings for 2025, showing a revenue decline of 18.3% year-over-year to $59 million. This figure slightly missed the forecasted revenue of $61.63 million. The company’s earnings per share were in line with expectations, recording a loss of $0.02. Despite the revenue shortfall, the stock price remained stable. There were no significant changes in the stock’s aftermarket trading, with only a modest increase observed. No information was provided regarding mergers or acquisitions for Playstudios. Analyst reports and upgrades or downgrades were not mentioned in the recent developments. The company continues to navigate its financial landscape amid these updates.
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