{
  "id": 12262254,
  "title": "Alpha Compute CBO Yury Mitin sells $1,630 in stock, buys $51,482",
  "url": "https://urgent.news/2026/10/05/alpha-compute-cbo-yury-mitin-sells-1-630-in-stock-buys-51-482",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T23:46:05.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/alpha-compute-cbo-yury-mitin-sells-1630-in-stock-buys-51482-93CH-4933104"
  },
  "original_language": "en",
  "account": "Yury Mitin, Chief Business Development Officer at Alpha Compute Corp, made substantial stock transactions in September 2026. He purchased 12,657 ordinary shares for a total of $51,482 through his company, Red Sharks Ventures Inc., at prices ranging from $3.52 to $4.29. Conversely, Mitin sold 393 shares for $1,630 on the same day. Alpha Compute's stock price fell to $4.39, marking a 17% decline over the past week. The company's market capitalization stands at $7.13 million. According to InvestingPro, the stock is overvalued compared to its Fair Value. Mitin, who is the sole owner of Red Sharks Ventures Inc., also received 4,944 restricted share units in April 2026 and was granted options to buy 10,906 shares at $1.30 per share, both of which are fully vested. In addition, Alpha Compute Corp announced a 1-for-50 reverse share split on September 9, 2026, which affected all share numbers reported. In fiscal 2026, the company posted a net loss of $38.6 million, a significant increase from the previous year's $6.8 million loss. Despite this, Alpha Compute’s cash reserves rose to $10.3 million at year-end, up from $700,000 in March. Enzo Villani became Alpha Compute's President on July 16, 2026, while continuing his role as Chief Investment Officer. H.C. Wainwright rated Alpha Compute as Neutral with a price target of $0.25.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}