John W. Gibson, Jr. Sells 3,190 Shares of Nauticus Robotics, Inc. (NASDAQ:KITT) Stock

Posted by Xavier Holt on Jan 9th, 2025

Nauticus Robotics, Inc. (NASDAQ:KITT – Get Free Report) CEO John W. Gibson, Jr. sold 3,190 shares of Nauticus Robotics stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $6.03, for a total transaction of $19,235.70. Following the sale, the chief executive officer now owns 94,606 shares in the company, valued at $570,474.18. This represents a 3.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Nauticus Robotics Price Performance

Nauticus Robotics stock opened at $2.92 on Thursday. Nauticus Robotics, Inc. has a 12-month low of $0.82 and a 12-month high of $23.79. The company has a market capitalization of $18.71 million, a price-to-earnings ratio of -0.05 and a beta of -0.15. The firm’s fifty day moving average price is $1.41 and its 200 day moving average price is $2.10.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nauticus Robotics stock. Mercer Global Advisors Inc. ADV bought a new stake in Nauticus Robotics, Inc. (NASDAQ:KITT – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 400,000 shares of the company’s stock, valued at approximately $54,000. Mercer Global Advisors Inc. ADV owned approximately 0.64% of Nauticus Robotics as of its most recent SEC filing. Institutional investors own 20.50% of the company’s stock.

About Nauticus Robotics

(Get Free Report)

Nauticus Robotics, Inc develops ocean robots, cloud software, and services to the ocean industry. The company offers Aquanaut, an autonomous underwater vehicle with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; Olympic Arm, an all-electric manipulator designed for a variety of intervention tasks on work class remotely operated vehicles; and ToolKITT, a software platform, which consists of interrelated products for ocean sensing, manipulation, autonomous behaviors, survey, search and recovery, and manual intervention.