Nocopi Technologies director Eric Sites buys $2,750 in company stock

Nocopi Technologies director Eric Sites recently purchased 2,750 shares of the company's common stock, according to wire reports. The acquisitions took place over two days in September 2026 at prices between $1.80 and $1.85 per share. On September 10, Sites bought 1,000 shares at $1.85 each, and the next day acquired an additional 500 shares at $1.80 per share.

The stock is currently trading at $1.73, marking a 15% increase year-to-date, with a market capitalization of $21.22 million. Following these transactions, Sites now holds a total of 2,500 shares in Nocopi Technologies Inc. The company appears undervalued based on InvestingPro's Fair Value assessment, though it remains unprofitable in the past year.

This represents only two of the five key InvestingPro Tips available for a more in-depth analysis of NNUP's investment potential. Additionally, the company recently reported an increase in net revenue for its acquired Polymeric Group, with unaudited preliminary net revenue for the quarter ending June 30, 2026, rising in the mid-single digits compared to the same period in 2025.

Polymeric Group's standalone unaudited net revenue surpassed $5.3 million for the 12 months ending June 30, 2026. Nocopi Technologies also appointed Beth Vasy as Vice President of Growth, focusing on post-acquisition integration and commercialization efforts. These developments highlight the company's ongoing efforts to bolster its operational capabilities.