Sadot group’s chief investment officer sells $5,805 in stock

BURLESON, Texas—Kevin James Mohan, Chief Investment Officer at Sadot Group Inc. (NASDAQ:SDOT), recently sold a portion of his holdings in the company. According to a recent SEC filing, Mohan disposed of 2,863 shares of common stock at an average price of $2.0278 per share, totaling approximately $5,805. The sale comes as SDOT trades at $1.90, down 14% in the past week, though InvestingPro analysis indicates the stock may be undervalued, trading at just 0.4 times book value.

Following this transaction, Mohan holds 97,341 shares directly. Additionally, indirect holdings include shares owned by his minor children and wife, with each child holding 70 shares and his wife holding 349 shares. The company, currently valued at $11.18 million, trades at a P/E ratio of 1.49.

This sale was reportedly executed to cover tax withholding obligations related to the vesting of restricted stock units (RSUs). Mohan also holds stock options, including 10,000 shares at an exercise price of $15.05 and 7,500 shares at $4.10, set to vest over a series of quarterly anniversaries. For comprehensive insider trading analysis and 14 additional key insights about SDOT, visit InvestingPro.

In other recent news, Sadot Group Inc. reported strong financial results for the fourth quarter of 2024, achieving its first profitable year. The company posted consolidated revenue of BRL 216.2 million and net income of BRL 700,000 for the quarter. For the full year 2024, Sadot reported revenue of $700.9 million and net income of EUR 4 million, marking a significant improvement over the previous year. Sadot Group also announced the establishment of its first Asian subsidiary, Sadot Korea, in Seoul, as part of its strategy to expand its global footprint. This new subsidiary aims to address inefficiencies in South Korea’s agricultural sector by optimizing supply chains and enhancing market access for local farmers. Additionally, Sadot Group is exploring entry into the pet food trading market, indicating potential diversification of its commodity portfolio. The company continues to focus on operational efficiencies and market expansion, with a potential quarterly revenue target of $150-200 million. These developments underscore Sadot Group’s strategic initiatives and growth prospects.

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