Andrew James Norstrud Acquires 43,860 Shares of Upexi, Inc. (NASDAQ:UPXI) Stock

Upexi, Inc. (NASDAQ:UPXI) CFO Andrew James Norstrud acquired 43,860 shares of the stock in a transaction on Thursday, April 17th. The shares were acquired at an average price of $2.28 per share, with a total value of $100,000.80. Following the purchase, the chief financial officer now owns 59,138 shares in the company, valued at $134,834.64. This represents a 287.08 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Upexi Price Performance

Upexi stock opened at $15.51 on Friday. Upexi, Inc. has a 52 week low of $1.90 and a 52 week high of $22.57. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 0.35. The stock has a 50 day moving average of $3.51 and a 200-day moving average of $4.12.

Upexi (NASDAQ:UPXI) last posted its quarterly earnings data on Friday, February 14th. The company reported ($1.24) EPS for the quarter. The business had revenue of $4.01 million for the quarter.

Hedge Funds Weigh In On Upexi

A hedge fund recently bought a new stake in Upexi stock. Bank of Montreal Can bought a new position in Upexi, Inc. (NASDAQ:UPXI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 10,008 shares of the company’s stock, valued at approximately $36,000. Bank of Montreal Can owned approximately 0.81% of Upexi at the end of the most recent quarter. 5.68% of the stock is owned by institutional investors.

About Upexi

Upexi, Inc manufactures and sells various branded products in the health, wellness, pet, beauty, and other markets. The company was formerly known as Grove, Inc and changed its name to Upexi, Inc in August 2022. The company was incorporated in 2018 and is headquartered in Clearwater, Florida.