Phillip Lepper, an insider at Aterian, Inc., sold 27,532 shares of the company's common stock on Tuesday, May 20, 2025. The shares were sold at an average price of $1.65 per share, resulting in a total transaction value of $45,427.80. This transaction was disclosed in a document filed with the Securities and Exchange Commission.
Following this sale, Mr. Lepper's direct ownership in Aterian now stands at 150,402 shares, valued at approximately $248,163.30. The sale represents a 15.47% decrease in his total ownership of the company's stock. Such insider transactions are closely watched by investors for insights into executive sentiment.
The sale occurred amidst a period where Aterian had recently reported challenging first-quarter financial results and withdrawn its full-year guidance. Insider selling can sometimes be interpreted as a signal regarding the company's near-term outlook. This transaction provides concrete data on a significant change in an insider's stake.
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