Insider Selling: Grabagun Digital (NYSE:PEW) CEO Sells 4,083 Shares of Stock

Key Points

• Grabagun Digital CEO Marc Nemati sold 4,083 shares on April 16 at an average price of $2.98 (≈$12,167) under a pre-arranged Rule 10b5-1 plan to cover tax withholding from vested equity, trimming his stake by 0.16%.
• The stock trades around $2.99 with a market cap of ~$88.1M and a 12‑month range of $2.55–$21.40; analysts hold a consensus Sell rating even after the company reported a quarterly beat (EPS $0.01 vs. -$0.01 and revenue $29.62M vs. $27.8M).

Grabagun Digital Holdings Inc. (NYSE:PEW - Get Free Report) CEO Marc Nemati sold 4,083 shares of the company's stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $2.98, for a total transaction of $12,167.34. Following the completion of the transaction, the chief executive officer owned 2,535,901 shares in the company, valued at approximately $7,556,984.98. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Grabagun Digital Price Performance

NYSE:PEW traded up $0.01 on Thursday, reaching $2.99. The stock had a trading volume of 118,790 shares, compared to its average volume of 260,402. The stock has a market cap of $88.09 million, a P/E ratio of -27.14 and a beta of -0.09. The company has a current ratio of 7.19, a quick ratio of 6.69 and a debt-to-equity ratio of 0.06. The stock's fifty day simple moving average is $2.92. Grabagun Digital Holdings Inc. has a 12-month low of $2.55 and a 12-month high of $21.40.

Grabagun Digital (NYSE:PEW - Get Free Report) last released its earnings results on Thursday, March 12th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. The firm had revenue of $29.62 million during the quarter, compared to analysts' expectations of $27.80 million.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of PEW. Quadrature Capital Ltd purchased a new position in Grabagun Digital in the fourth quarter valued at approximately $279,000. Bridgeway Capital Management LLC purchased a new position in Grabagun Digital in the fourth quarter valued at approximately $150,000. XTX Topco Ltd raised its holdings in Grabagun Digital by 195.7% in the fourth quarter. XTX Topco Ltd now owns 62,461 shares of the company's stock valued at $188,000 after buying an additional 41,335 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in Grabagun Digital in the fourth quarter valued at approximately $43,000. Finally, Engineers Gate Manager LP purchased a new position in Grabagun Digital in the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 4.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Weiss Ratings assumed coverage on shares of Grabagun Digital in a report on Monday, March 16th. They set a "sell (d)" rating on the stock. Wall Street Zen upgraded shares of Grabagun Digital from a "strong sell" rating to a "sell" rating in a report on Saturday, April 11th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of "Sell".

About Grabagun Digital

GrabAGun.com is an online retailer of firearms, ammunition and related accessories. GrabAGun.com, formerly known as Colombier Acquisition Corp. II, is based in COPPELL, Texas.

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