William Flores Purchases 70,244 Shares of Nauticus Robotics, Inc. (NASDAQ:KITT) Stock

Nauticus Robotics, Inc. (NASDAQ:KITT) Director William Flores bought 70,244 shares of the business’s stock in a transaction dated Friday, April 12th. The stock was bought at an average cost of $0.23 per share, for a total transaction of $16,156.12. Following the completion of the purchase, the director now owns 70,244 shares of the company’s stock, valued at approximately $16,156.12. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

William Flores also recently made the following trade(s):

• On Monday, April 15th, William Flores bought 29,756 shares of Nauticus Robotics stock. The stock was bought at an average cost of $0.22 per share, for a total transaction of $6,546.32.

Nauticus Robotics Trading Down 5.7 %

NASDAQ KITT opened at $0.22 on Wednesday. Nauticus Robotics, Inc. has a 12 month low of $0.18 and a 12 month high of $2.72. The stock has a market cap of $13.35 million, a P/E ratio of -0.15 and a beta of 0.04. The stock’s fifty day moving average price is $0.27 and its 200-day moving average price is $0.85.

Institutional Investors Weigh In On Nauticus Robotics

A number of institutional investors have recently modified their holdings of KITT. Geode Capital Management LLC purchased a new stake in shares of Nauticus Robotics in the fourth quarter worth $38,000. Two Sigma Securities LLC purchased a new stake in shares of Nauticus Robotics during the first quarter valued at $45,000. State Street Corp purchased a new stake in shares of Nauticus Robotics during the second quarter valued at $60,000. Jane Street Group LLC purchased a new stake in shares of Nauticus Robotics during the third quarter valued at $124,000. Finally, Vanguard Group Inc. boosted its position in shares of Nauticus Robotics by 15.8% during the third quarter. Vanguard Group Inc. now owns 114,701 shares of the company’s stock valued at $203,000 after buying an additional 15,691 shares during the last quarter. 20.50% of the stock is owned by hedge funds and other institutional investors.

Nauticus Robotics Company Profile

Nauticus Robotics, Inc develops and provides ocean robots, software, and services to the ocean industry. The company offers Aquanaut, an autonomous underwater vehicle (AUV) with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; and Argonaut, a derivative product of the Aquanaut that is used for non-industrial and government applications.