Xos director Dietmar Ostermann sells $12,747 in company stock

Xos director Dietmar Ostermann recently disposed of $12,747 worth of the company's common stock. The transactions took place over two days, with prices fluctuating between $2.54 and $2.5501 per share. On September 16, 2026, Mr. Ostermann transferred 262 shares, followed by a larger sale of 4,738 shares the next day, September 17, 2026.

Presently, XOS stock is trading at $2.59, reflecting a 43% increase year-to-date despite recent market fluctuations. Over the past 52 weeks, the stock has ranged from $1.60 to $8.27. After these sales, Mr. Ostermann retains a total of 85,226 shares in Xos, Inc. common stock, including 60,584 unvested Restricted Stock Units (RSUs).

According to InvestingPro analysis, XOS appears to be undervalued at its current price, supported by 15 additional ProTips and detailed financial health metrics, available to subscribers. Recent news includes Xos Inc.'s second-quarter 2026 financial results, which showed an adjusted loss of $0.55 per share, slightly better than the projected loss of $0.60.

However, revenue fell short of expectations, amounting to $4.7 million compared to the forecasted $12.15 million. Additionally, Xos secured its first defense contract from the U.S. Air Force for a mobile charging system to support electrified vehicles and equipment, as well as a follow-on order from Xcel Energy for three more units.

These developments demonstrate Xos's expanding reach in both commercial and defense sectors. This report, generated with AI assistance, was reviewed by an editor.