Nomadar (NASDAQ:NOMA) Major Shareholder Acquires $2,260,558.44 in Stock

Nomadar Corp. (NASDAQ:NOMA) major shareholder City Cadiz S.L. Sport acquired 260,433 shares of the firm’s stock in a transaction that occurred on Thursday, November 20th. The stock was purchased at an average price of $8.68 per share, with a total value of $2,260,558.44. Following the completion of the acquisition, the insider directly owned 7,233,011 shares of the company’s stock, valued at $62,782,535.48. This represents a 3.74% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Nomadar Price Performance

NOMA traded down $0.31 on Friday, hitting $3.51. The company had a trading volume of 25,680 shares, compared to its average volume of 307,881. The company has a fifty day simple moving average of $5.93. Nomadar Corp. has a 12-month low of $3.35 and a 12-month high of $57.70. The stock has a market cap of $44.47 million and a PE ratio of -117.00.

Nomadar (NASDAQ:NOMA) last posted its quarterly earnings data on Friday, November 21st. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $0.38 million for the quarter.

Wall Street Analysts Forecast Growth

NOMA has been the subject of a number of recent analyst reports. Weiss Ratings started coverage on shares of Nomadar in a research report on Wednesday. They set a “sell (e-)” rating for the company. Wall Street Zen cut Nomadar from a “hold” rating to a “sell” rating in a report on Saturday, December 6th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Nomadar currently has an average rating of “Sell”.

About Nomadar

We are the innovation arm of Cádiz CF, a professional soccer club which currently competes in the Segunda División. We currently have four proposed business verticals, which are in various stages of development. Through June 30, 2025, the Company had engaged in limited operations until 2025 when the Company began generating revenue from providing services under commercial contracts and purchase orders entered into in the ordinary course of business. On January 10, 2025, the Company entered into a framework agreement with Cádiz CF, whereby, among other things, Cádiz CF agreed to provide technical training staff for players enrolled in the Company’s programs, and the Company agreed to integrate the Company’s training methodologies into Cádiz CF’s training sessions (the “Framework Agreement”).