Nukkleus (NASDAQ:NUKK) Insider Anastasiia Kotaieva Sells 70,000 Shares

Nukkleus Inc. (NASDAQ:NUKK) insider Anastasiia Kotaieva sold 70,000 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $4.57, for a total value of $319,900.00. Following the completion of the sale, the insider owned 1,261,197 shares of the company’s stock, valued at approximately $5,763,670.29. The trade was a 5.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Anastasiia Kotaieva also recently made the following trade(s):

• On Friday, December 26th, Anastasiia Kotaieva sold 55,604 shares of Nukkleus stock. The stock was sold at an average price of $4.26, for a total transaction of $236,873.04.
• On Wednesday, December 24th, Anastasiia Kotaieva sold 55,604 shares of Nukkleus stock. The shares were sold at an average price of $4.49, for a total value of $249,661.96.
• On Monday, December 22nd, Anastasiia Kotaieva sold 30,000 shares of Nukkleus stock. The shares were sold at an average price of $4.41, for a total transaction of $132,300.00.
• On Friday, December 19th, Anastasiia Kotaieva sold 70,000 shares of Nukkleus stock. The stock was sold at an average price of $4.53, for a total value of $317,100.00.
• On Thursday, December 18th, Anastasiia Kotaieva sold 38,744 shares of Nukkleus stock. The shares were sold at an average price of $4.72, for a total transaction of $182,871.68.

Nukkleus Stock Performance

Shares of NASDAQ:NUKK traded up $0.14 on Wednesday, reaching $4.17. The company’s stock had a trading volume of 355,807 shares, compared to its average volume of 1,721,200. The company has a 50-day simple moving average of $5.68 and a 200 day simple moving average of $6.79. Nukkleus Inc. has a 52-week low of $3.31 and a 52-week high of $40.98. The company has a market cap of $69.43 million, a P/E ratio of 0.26 and a beta of -6.75.

Institutional Trading of Nukkleus

Several large investors have recently added to or reduced their stakes in NUKK. BNP Paribas Financial Markets acquired a new stake in Nukkleus in the 2nd quarter valued at $56,000. Ausdal Financial Partners Inc. purchased a new stake in shares of Nukkleus in the third quarter worth about $105,000. Finally, UBS Group AG boosted its position in shares of Nukkleus by 23.3% in the third quarter. UBS Group AG now owns 80,512 shares of the company’s stock worth $564,000 after buying an additional 15,223 shares during the period. 12.47% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on NUKK. Weiss Ratings reissued a “sell (d+)” rating on shares of Nukkleus in a research report on Wednesday, December 24th. Wall Street Zen raised shares of Nukkleus from a “sell” rating to a “hold” rating in a research note on Sunday, November 23rd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

About Nukkleus

Nukkleus Inc, a financial technology company, provides blockchain-enabled technology solutions worldwide. It focuses on providing software and technology solutions for retail foreign exchange trading industry. The company provides transactions platform for dealing and risk management services. It also offers cross-border payment and transactions solutions and blockchain-enabled financial services solutions to institutional investors. In addition, the company provides software, technology, customer sales and marketing, and risk management technology hardware and software solutions.