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Kendall Leo Marin, Chief Operating Officer at Pineapple Financial Inc (NASDAQ:PAPL), has recently purchased shares of the company’s stock, according to a Form 4 filing. On June 25th and 26th, 2025, Marin acquired a total of 138,200 common shares in a series of transactions, with prices ranging from $0.062 to $0.09 per share, for a total value of $11,065. The insider purchase comes as InvestingPro data shows PAPL maintaining a strong financial position, with cash exceeding debt and liquid assets surpassing short-term obligations.
The purchases increased Marin’s direct ownership in Pineapple Financial to 2,217,323 shares. The filing also noted that Marin owns 126,652 options and 25,651 warrants. The stock has historically demonstrated low price volatility, according to InvestingPro analysis, which offers 6 additional key insights about PAPL’s financial health and market performance.
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