Insider Buying: Nomadar (NASDAQ:NOMA) Major Shareholder Acquires $26,299.00 in Stock

Nomadar Corp. (NASDAQ:NOMA) major shareholder City Cadiz S.L. Sport purchased 7,225 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was acquired at an average cost of $3.64 per share, for a total transaction of $26,299.00. Following the completion of the purchase, the insider owned 7,806,007 shares of the company’s stock, valued at approximately $28,413,865.48. This represents a 0.09% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

City Cadiz S.L. Sport also recently made the following trade(s):

• On Friday, March 13th, City Cadiz S.L. Sport purchased 2,700 shares of Nomadar stock. The stock was acquired at an average cost of $5.15 per share, for a total transaction of $13,905.00.
• On Thursday, March 12th, City Cadiz S.L. Sport purchased 700 shares of Nomadar stock. The stock was acquired at an average cost of $5.27 per share, for a total transaction of $3,689.00.
• On Wednesday, March 11th, City Cadiz S.L. Sport purchased 1,800 shares of Nomadar stock. The stock was acquired at an average cost of $5.17 per share, for a total transaction of $9,306.00.
• On Tuesday, March 10th, City Cadiz S.L. Sport purchased 3,000 shares of Nomadar stock. The stock was acquired at an average cost of $5.00 per share, for a total transaction of $15,000.00.
• On Monday, March 9th, City Cadiz S.L. Sport bought 1,350 shares of Nomadar stock. The shares were purchased at an average cost of $5.06 per share, for a total transaction of $6,831.00.
• On Friday, March 6th, City Cadiz S.L. Sport bought 4,300 shares of Nomadar stock. The shares were purchased at an average cost of $5.14 per share, for a total transaction of $22,102.00.
• On Thursday, March 5th, City Cadiz S.L. Sport bought 5,200 shares of Nomadar stock. The shares were purchased at an average cost of $5.01 per share, for a total transaction of $26,052.00.
• On Wednesday, March 4th, City Cadiz S.L. Sport bought 2,500 shares of Nomadar stock. The shares were purchased at an average cost of $4.64 per share, for a total transaction of $11,600.00.
• On Tuesday, March 3rd, City Cadiz S.L. Sport bought 2,650 shares of Nomadar stock. The shares were purchased at an average cost of $4.41 per share, for a total transaction of $11,686.50.
• On Monday, March 2nd, City Cadiz S.L. Sport bought 200 shares of Nomadar stock. The shares were purchased at an average cost of $4.18 per share, for a total transaction of $836.00.

Nomadar Price Performance

Shares of NOMA stock opened at $3.80 on Thursday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.27. The stock’s 50-day moving average price is $4.26. Nomadar Corp. has a 12 month low of $3.10 and a 12 month high of $57.70. The stock has a market capitalization of $54.26 million and a P/E ratio of -31.67.

Nomadar (NASDAQ:NOMA) last issued its earnings results on Tuesday, March 31st. The company reported ($0.09) EPS for the quarter. The business had revenue of $0.04 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on shares of Nomadar in a research note on Wednesday, January 28th. They set a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Nomadar has an average rating of “Sell”.

Institutional Investors Weigh In On Nomadar

Institutional investors and hedge funds have recently made changes to their positions in the stock. Clear Street Group Inc. purchased a new stake in shares of Nomadar in the 4th quarter valued at approximately $72,000. Geode Capital Management LLC purchased a new stake in shares of Nomadar in the 4th quarter valued at approximately $173,000. Finally, Millennium Management LLC purchased a new stake in shares of Nomadar in the 4th quarter valued at approximately $255,000.

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”).