Roger Lacey, a director at SUNation Energy, Inc. (NASDAQ:SUNE), acquired a total of 1,680 shares of the company's common stock on December 11, 2024. The transactions, detailed in a recent SEC filing, were executed at prices ranging from $2.80 to $2.85 per share, amounting to a total purchase value of $4,764. The purchase comes as InvestingPro analysis shows the stock trading below its Fair Value, with shares down 99% year-to-date and a market capitalization of just $4.9 million.
Following these acquisitions, Lacey now holds 2,000 shares directly. The filing also notes adjustments in the share count due to the company's recent reverse stock splits, a 1-for-50 split on October 17, 2024, and a 1-for-15 split on June 12, 2024. With a weak Financial Health Score and negative EBITDA of $6.3 million, investors seeking deeper insights can access additional ProTips and comprehensive financial metrics through InvestingPro.
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