Stem, inc. chief legal officer Saul R. Laureles sells shares worth $429

Published 06/05/2025, 01:36
Stem, inc. chief legal officer Saul R. Laureles sells shares worth $429

In recent transactions involving STEM, Inc. (NYSE:STEM), a small-cap energy technology company currently valued at $83.84 million, Chief Legal Officer Saul R. Laureles executed a series of stock activities as reported in a recent SEC filing. According to InvestingPro analysis, the stock has shown significant volatility, trading between $0.29 and $1.68 over the past 52 weeks. On May 1, 2025, Laureles acquired 3,453 shares through the exercise of stock options at no cost. The following day, May 2, 2025, he sold 809 shares at an average price of $0.531 per share, totaling approximately $429. This sale was part of a "sell to cover" transaction to address tax liabilities associated with the settlement of restricted stock units (RSUs), and was not a discretionary trade by Laureles. After these transactions, Laureles holds 264,792 shares of common stock in the company. InvestingPro analysis suggests the stock is currently trading slightly below its Fair Value, with 14 additional exclusive insights available to subscribers, including detailed insider trading analysis and comprehensive financial health metrics.

In other recent news, Stem Inc. reported its first-quarter 2025 earnings, surpassing revenue expectations with $32.5 million compared to the forecasted $31.27 million. The company posted an earnings per share of -$0.15, which was better than the anticipated -$0.19. Stem Inc. achieved a 27% year-over-year increase in total revenue and reported its first positive operating cash flow of $9 million. Additionally, the company announced a 27% reduction in its workforce, aiming for $30 million in annual cost savings. The financial results reflect an improvement in operational efficiency and market positioning. Stem Inc. reaffirmed its full-year 2025 financial guidance, focusing on improving profitability and expanding its software and services revenue. Despite economic and regulatory uncertainties in the clean energy sector, the company has continued to secure strong bookings, particularly in utility-scale solar. The restructuring and strategic focus on software and services are expected to enhance the company’s growth trajectory.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.