Streamex CFO Christine Plummer sells $7,175 in company stock
Streamex Corp. CFO Christine Plummer recently sold 13,344 shares of the company's stock, totaling about $7,175, to meet tax obligations related to the partial vesting of Restricted Stock Units (RSUs). The shares were sold at prices ranging from $0.4947 to $0.5961 per share, with the current stock price at $0.53, down 92% from its 52-week high.
This transaction is part of a pattern of tax-related stock sales by Plummer, who had previously withheld 11,508 shares in August 2026. Despite the stock's significant decline, analysts suggest it may be undervalued, with a Fair Value estimate above its current price. Streamex reported its first revenue in Q2 2026, though it fell short of expectations, posting an 8-cent loss per share on $300,000 revenue.
The company is focusing on gold-only product launches and reducing marketing costs to manage its cash burn rate.
Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.