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Michael John Roper, the Chief Governance and Compliance Officer at Sadot Group Inc. (NASDAQ:SDOT), recently sold a portion of the company’s common stock. According to the latest SEC filing, Roper sold 7,946 shares at an average price of $2.0278 per share, amounting to a total transaction value of $16,112. Following this sale, Roper retains ownership of 148,260 shares in the company. The transaction comes as SDOT’s stock has declined 14% in the past week, with shares currently trading at $1.90. Despite the recent decline, InvestingPro analysis suggests the stock is undervalued, trading at just 0.4 times book value.
The transaction was carried out to cover tax withholding obligations related to the vesting of restricted stock units (RSUs). InvestingPro subscribers have access to 16 additional key insights about SDOT, including detailed valuation metrics and financial health indicators. In addition to this transaction, Roper holds stock options for 20,000 shares, with exercise prices of $15.05 and $4.10, respectively. These options are set to vest gradually over a series of quarterly anniversaries.
In other recent news, Sadot Group Inc. reported a strong financial performance for the fourth quarter of 2024, marking its first profitable year. The company achieved consolidated revenue of BRL 216.2 million and net income of BRL 700,000 for the quarter. For the full year, Sadot Group reported revenue of $700.9 million and net income of EUR 4 million. These results highlight the company’s strategic focus on operational efficiencies and market expansion. Additionally, Sadot Group has announced the establishment of its first Asian subsidiary, Sadot Korea, in Seoul, as part of its strategy to expand its global presence. The new subsidiary aims to optimize supply chains and enhance market access for Korean farmers. Sadot Group is also exploring entry into the pet food trading market, indicating its efforts to diversify its commodity portfolio. The company’s leadership has expressed confidence in capturing growth opportunities within the global agri-commodity market.
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