Hulk Hogan, wrestling icon, dies at 71 in Florida home
StartEngine Crowdfunding, Inc. (STGC) reported that Ronald David Miller, a director and ten percent owner, has sold shares valued at $49,617. The transactions, dated May 27, 2025, involved the disposal of a total of 45,059 shares of common stock. The shares were sold at prices ranging from $0.00 to $1.25 per share. The sale comes as STGC trades near its 52-week low of $0.10, with the stock currently at $0.15. According to InvestingPro, the company has shown remarkable revenue growth of 148% in the last twelve months.
Following these transactions, Miller, through The Ronald David Miller Trust, holds 74,535,434 shares. The sales were conducted under an offering statement qualified under Regulation A, with some shares categorized as Bonus Shares. The company maintains strong liquidity with a current ratio of 2.27 and an impressive gross profit margin of 40.24%. InvestingPro subscribers can access 8 additional key insights about STGC’s financial health and valuation metrics.
In other recent news, Scandinavian Tobacco Group reported its first-quarter group revenue increased by 1.3% to DKK 2.0 billion. This figure fell short of Deutsche Bank (ETR:DBKGn)’s expectation of a 6.5% increase. The revenue growth was primarily driven by the acquisition of Mac Baren and a significant 41% rise in XQS product sales. However, the company faced an 8.8% organic decline, more severe than Deutsche Bank’s forecasted 1.5% drop. This decline was attributed to decreased consumption of handmade cigars in the U.S., the discontinuation of online ZYN distribution in the U.S., and temporary supply chain disruptions in European factories. Adjusted EBITDA decreased by 5.3% to DKK 317 million, resulting in a 16.1% margin. The adjusted earnings per share dropped by approximately 15% to DKK 1.5, missing the consensus estimate of DKK 2.07. Deutsche Bank analyst Damian McNeela subsequently lowered the price target for Scandinavian Tobacco Group to DKK 90, maintaining a Hold rating on the stock.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.