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Michael S. Harper, Chief Product, Engineering, and Marketing Officer at zSpace , Inc (NASDAQ:ZSPC), a small-cap technology company with a market capitalization of $65 million, recently sold a total of $11899 worth of company stock. According to a Form 4 filing with the Securities and Exchange Commission, the sales occurred in two separate transactions. InvestingPro analysis indicates the stock is currently trading near its 52-week low of $2.64, having declined over 87% in the past year.
On July 11, 2025, Harper sold 2,108 shares of Common Stock at a weighted average price of $2.758, for a total value of $5813. These shares were sold in multiple transactions at prices ranging from $2.700 to $2.860. Following this transaction, Harper directly owned 14,892 shares.
The second sale took place on July 14, 2025, with Harper selling 2,197 shares of Common Stock at a weighted average price of $2.770, for a total value of $6086. The prices for these shares ranged from $2.650 to $2.920. After this transaction, Harper directly owned 12,695 shares.
The reported sales were to cover tax obligations arising from a prior vesting of restricted stock units.
In other recent news, zSpace Inc. reported a 14% year-over-year decline in revenue for the first quarter of 2025, totaling $6.8 million. Despite the revenue drop, the company’s gross profit increased by 19% to $3.2 million, attributed to improved gross margins. The software and services segment saw an 11% increase, highlighting the company’s strategic focus on this area. Additionally, zSpace made significant moves to enhance its educational offerings through the acquisitions of BlocksCAD and Second Avenue Learning. These acquisitions aim to expand zSpace’s capabilities in STEM education and curriculum-aligned digital tools. The company also secured a $20 million convertible financing facility, with $13 million already funded to support acquisitions and corporate purposes. Analysts from Barrington Research and Roth Capital Partners (WA:CPAP) noted the challenges posed by market volatility and tariffs but acknowledged zSpace’s strategic positioning in the education sector. The company remains cautious about the ongoing uncertainties in the education market and is refraining from providing formal financial guidance for the year.
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