Cardiff Oncology shares plunge after Q2 earnings miss
In a recent transaction, Marin Kendall Leo, the Chief Operating Officer of Pineapple Financial Inc. (NASDAQ:PAPL), purchased 10,000 common shares of the company. The stock has shown significant momentum recently, with notable returns over the past week, according to InvestingPro data. The shares were acquired at a price of $0.051 each, totaling approximately $509. Following this acquisition, Leo’s direct ownership in the company stands at 2,067,049 shares. This figure does not include the 126,652 options and 25,651 warrants that Leo also holds, as noted in the company’s filings. These stock options were part of a 2022 Omnibus Equity Incentive Compensation Plan, with a vesting schedule extending over two years. The insider purchase comes at a time when the company maintains a strong financial position, with cash reserves exceeding debt levels and liquid assets surpassing short-term obligations. For comprehensive insider trading analysis and additional financial metrics, investors can access InvestingPro, which offers 6 key investment tips for PAPL.
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