Today, the CFO of Odyssey Marine Exploration (NASDAQ: OMEX), Jay Nudi, bought shares of OMEX for $5,031.
This recent transaction increases Jay Nudi’s holding in the company by 2.09% to a total of $262.3K. In addition to Jay Nudi, one other OMEX executive reported Buy trades in the last month.
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Based on Odyssey Marine Exploration’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.07 million and GAAP net loss of $641.6K. In comparison, last year the company earned revenue of $11.85K and had a GAAP net loss of $2.25 million. Currently, Odyssey Marine Exploration has an average volume of 44.2K.
The insider sentiment on Odyssey Marine Exploration has been positive according to 12 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Odyssey Marine Exploration, Inc. engages in the discovery, development, and extraction of deep-ocean minerals. It provides shipwreck cargo recovery and other marine survey exploration charter services. The company was founded by Gregory P. Stemm and John C. Morris in 1994 and is headquartered in Tampa, FL.
