Aterian, Inc. (NASDAQ:ATER) CTO Roi Zion Zahut Sells 14,050 Shares of Stock

Aterian, Inc. (NASDAQ:ATER) CTO Roi Zion Zahut sold 14,050 shares of the company’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $3.06, for a total value of $42,993.00. Following the completion of the transaction, the chief technology officer now owns 201,494 shares of the company’s stock, valued at $616,571.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Aterian Stock Performance

Shares of ATER stock opened at $3.25 on Friday. The firm has a fifty day moving average of $3.00 and a 200-day moving average of $2.99. The stock has a market cap of $27.92 million, a price-to-earnings ratio of -0.39 and a beta of 2.04. Aterian, Inc. has a 52-week low of $1.90 and a 52-week high of $6.54.

Aterian (NASDAQ:ATER) last posted its earnings results on Thursday, August 8th. The company reported ($0.52) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.64) by $0.12. The business had revenue of $27.98 million for the quarter. Aterian had a negative net margin of 18.88% and a negative return on equity of 64.24%.

Hedge Funds Weigh In On Aterian

A hedge fund recently bought a new stake in Aterian stock. XTX Topco Ltd purchased a new stake in shares of Aterian, Inc. (NASDAQ:ATER) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 20,974 shares of the company’s stock, valued at approximately $59,000. XTX Topco Ltd owned about 0.24% of Aterian as of its most recent SEC filing. 7.02% of the stock is currently owned by institutional investors and hedge funds.

About Aterian

Aterian, Inc, together with its subsidiaries, operates as a technology-enabled consumer products company in North America and internationally. Its platform offers home and kitchen appliances; kitchenware; cooling and air quality appliances, such as dehumidifiers; health and beauty products; and essential oils under the Squatty Potty, hOmeLabs, Mueller, Pursteam, Healing Solutions, and Photo Paper Direct brand names.