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908 devices CFO Joseph Griffith sells $65,150 in common stock

908 devices CFO Joseph Griffith sells $65,150 in common stock

Chief Financial Officer Joseph H. Griffith IV of 908 Devices Inc. (NASDAQ:MASS) sold 5,000 shares of the company's common stock on October 6, 2026, for a total of $65,150. This transaction took place under a Rule 10b5-1 trading plan, which had been established by Mr. Griffith on May 26, 2026. The sale occurred as the stock price has surged 129% year-to-date, currently trading at $12.05, although InvestingPro analysis suggests the stock is overvalued compared to its Fair Value.

Despite the sale, Mr. Griffith's beneficial ownership of 908 Devices common stock increased to 116,497 shares. In recent news, 908 Devices reported stronger-than-expected revenue for the second quarter of 2026, with a 23% increase year-over-year to $16.1 million, while also posting a wider-than-expected adjusted loss per share of $0.32.

Analysts from Stifel and Canaccord have raised their price targets for the company, citing government policy benefits and revised full-year guidance.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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