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Ibotta chief people officer Marisa Daspit sells $37,376 in shares

Ibotta chief people officer Marisa Daspit sells $37,376 in shares

Ibotta's Chief People Officer, Marisa Daspit, sold $37,376 worth of the company's Class A Common Stock on two separate occasions in October 2026. The transactions, which occurred under a Rule 10b5-1 trading plan initiated in June 2026, involved the sale of 746 shares priced between $50.00 and $50.28 per share, near the stock's 52-week high of $50.53.

Despite a 114% year-to-date increase, the stock's current valuation appears overvalued compared to its fair value, according to InvestingPro analysis. Ibotta's revenue rebounded in Q2 2026, growing by 3% to $88.9 million, despite adjusted earnings per share falling short of analysts' expectations. This positive revenue trend, the first since Q1 2025, has caught the attention of investors, suggesting potential confidence in the company's digital promotions strategy.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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