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Aubrey Chernick, a significant shareholder of StartEngine Crowdfunding, Inc. (STGC), recently sold shares of the company, according to a filing with the Securities and Exchange Commission. The transaction comes as the company shows strong revenue growth of 90% year-over-year, despite InvestingPro data indicating an overall weak financial health score. On March 28, Chernick disposed of 41,150 shares at a price of $1.25 per share, generating a total of $51,437. Additionally, Chernick sold 5,252 shares at no cost as part of Bonus Shares under an offering statement. Following these transactions, Chernick retains ownership of 2,800,326 shares indirectly through SE Agoura Investment LLC. The sale price represents a significant premium to the current trading price of $0.15, with the company maintaining a healthy current ratio of 1.21 and gross profit margin of 47.5%. For more detailed financial metrics and analysis, investors can access additional insights through InvestingPro.
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