{
  "id": 7456078,
  "title": "Data Storage Corp director sells $10,237 in common stock",
  "url": "https://urgent.news/2026/09/15/data-storage-corp-director-sells-10-237-in-common-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T03:02:08.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/data-storage-corp-director-sells-10237-in-common-stock-93CH-4900755"
  },
  "original_language": "en",
  "account": "Data Storage Corp's director, Thomas Kempster, divested 3,500 shares of the company's common stock on September 11, 2026, amounting to a total of $10,237. The shares were traded at a weighted average price of $2.925, with individual prices fluctuating between $2.90 and $2.97 per share. This sale took place amid the stock's proximity to its 52-week low of $2.85, following a 27% drop over the last six months. The transaction was executed to meet tax withholding obligations. Consequently, Mr. Kempster currently owns 18,500 shares of Data Storage Corp common stock directly. According to InvestingPro analysis, DTST appears overvalued at present. Investors seeking a comprehensive Pro Research Report for DTST and 1,400+ other US equities can find it accessible. In related news, Data Storage Corporation disclosed its second-quarter 2026 financial results, revealing a revenue of $359,000 from continuing operations, marking a 9.3% increase from the prior year, but falling short of analysts' projection of $400,000. The company observed that gross profit surged faster than sales, resulting in margin improvements. Nonetheless, escalating operating expenses resulted in a larger net loss for the quarter. Data Storage Corporation's primary focus is now on its Nexxis business, following the sale of CloudFirst last year. Although the company missed revenue targets, it did register substantial growth in its gross profit. These updates are part of a series of recent announcements from the company. This report was produced with AI assistance and approved by an editor. For further details, refer to our Terms and Conditions.",
  "summary": null,
  "key_points": [
    "Thomas Kempster sold 3,500 shares of Data Storage Corp for $10,237",
    "Sale occurred on September 11, 2026 at $2.925 per share",
    "Transaction aimed to meet tax withholding obligations"
  ],
  "editors_take": "The sale of shares by a director to meet tax obligations does not necessarily indicate a loss of confidence in the company, but rather a routine adjustment to his holdings.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "SpaceX Spent $15.8 Billion on AI in a Quarter. Here's What Happens to the Stock if Orbital Data Centers Don't Work.",
        "url": "https://urgent.news/2026/09/15/spacex-spent-15-8-billion-on-ai-in-a-quarter-heres-what-happens-to",
        "published": "2026-09-15T00:12:07.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "SpaceX Spent $15.8 Billion on AI in a Quarter. Here's What Happens to the Stock if Orbital Data Centers Don't Work.",
        "url": "https://urgent.news/2026/09/15/spacex-spent-15-8-billion-on-ai-in-a-quarter-heres-what-happens-to-7436995",
        "published": "2026-09-15T00:32:07.000Z"
      }
    ]
  },
  "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."
}