Fannie Mae, Freddie Mac shares tumble after conservatorship comments
Darren Weiss, President of Verano Holdings Corp. (OTC:VRNOF), recently executed a series of transactions involving the company’s Class A Subordinate Voting Shares. On March 10, 2025, Weiss sold 22,922 shares at a price of $0.6501 each, amounting to a total of $14,901. According to InvestingPro data, the stock currently trades at $0.66, significantly below its 52-week high of $6.50, with analysts maintaining price targets between $5-$6. This sale was conducted under a pre-established Rule 10b5-1 trading plan, which Weiss adopted in August 2023.
Additionally, on March 7, 2025, Weiss settled vested restricted stock units into 57,305 Class A Subordinate Voting Shares. This transaction was part of a broader settlement of restricted stock units that were initially granted on June 1, 2023, under the Verano Holdings Corp. Stock and Incentive Plan. Following these transactions, Weiss holds 602,537 shares directly.
These moves reflect ongoing changes in Weiss’s equity holdings in Verano Holdings, a company operating within the agriculture production sector. InvestingPro analysis indicates the company appears undervalued, with analysts expecting net income growth and profitability this year. Get detailed insights and 8 additional ProTips with an InvestingPro subscription.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.