Exodus Movement Inc. (NASDAQ: EXOD) disclosed that its chief technology officer, Matias Olivera, sold a total of 8,505 Class A common shares in three separate transactions between Aug. 25 and Aug. 27, 2026. The sales were executed at $8.40, $8.35 and $8.52 per share, respectively, generating proceeds of $71,640. Following the disposals, Olivera retained direct beneficial ownership of 320,253 shares, which include multiple tranches of restricted stock units (RSUs) granted between Jan. 2023 and Dec. 2025 and vesting through Dec. 2029.
Exodus' stock is currently quoted at $9.16, down about 69% over the past year. InvestingPro estimates a fair value of $9.72 and notes the shares trade with high volatility. In its latest quarter, Exodus reported revenue of $26.2 million, up 1.4% year‑over‑year and 15.2% quarter‑over‑quarter, beating Cantor Fitzgerald's estimate of $24.4 million. Adjusted EBITDA showed a loss of $6.7 million, wider than the $3.7 million loss analysts had expected, reflecting acquisition and restructuring costs tied to the company's shift into payments after acquiring Monavate and Baanx. Cantor Fitzgerald raised its price target on Exodus to $15.00 from $14.00 and maintained an Overweight rating.
