Hedva Ber, eToro’s Global Chief Operations Officer and
Deputy CEO, has filed to sell 94,000 shares of eToro Group. The shares are
valued at approximately $3.95 million at current market prices. The filing was
submitted today (Tuesday).
eToro Insider Plans Multi-Million Stock Sale
The shares were acquired through eToro’s employee stock
option plans. Sixteen thousand shares were acquired in January 2021, and 78,000
shares in July 2023. Payment for the exercised options was made in cash
yestereday.
The sale was reported via a filing with the U.S. Securities
and Exchange Commission. The filings indicate an intent to sell rather than a
completed transaction. Sales must comply with SEC rules regarding volume,
timing, and manner of sale. Such filings are routine for company insiders, but
they provide the market with insight into planned stock movements.
Ber has been with eToro for over five years, according to
her LinkedIn profile. She initially joined as a part-time consultant for a few
months before taking on the role of Global COO and Deputy CEO, which she has
held for nearly five years. She also held part-time roles outside eToro,
serving on the advisory board for Wix Payments for over a year and as a board
member at Mimun Yashir for about seven months.
Plus500 COO Purchases Over £1 Million Shares
Insider transactions continue across the sector. Alon
Cohen Naznin, Group COO of Plus500, purchased over £1 million worth of the
broker’s shares in a single transaction yesterday. Naznin has been with
Plus500 for almost a decade and has held the COO role for more than five years.
The shares have gained about 31 per cent since the start of the year and
doubled over the past five years.
Company Reports $215 Million Third‑Quarter
Contribution
The last recorded trade for eToro shares yesterday was at
US$41.88, a slight
decline of 0.16 percent from the previous close. This reflects the most recent
transaction during trading and does not necessarily indicate broader market
trends.
Pre‑market and after‑hours activity may differ due to
lower liquidity and wider bid‑ask spreads, so actual trading
prices in the regular session could vary. The company recently reported third‑quarter
results, with a net contribution of $215 million, up 28 percent year‑on‑year,
and announced a $150 million share buyback program.
This article was written by Tareq Sikder at www.financemagnates.com.
Source link
