Today's

top partner

for CFD

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.

— CONTENT NOT MODERATED BY G6

— Please be careful with this content. If you don’t think it should be here, please get in touch with us at [email protected]

G6 is free to use portal to find ways to improve your life. We choose carefully posts and partner with the best in field writers to bring you the best content. Since 2006, we are there for you on your way to success.

Find on Facebook Follow on Instagram Connect on LinkedIn

Don't miss out on latest news

Join newsletter

Enable notifications

You got a story to share? Questions?

Just connect our team and let's see

©2006-2023 - All rights reserved - GSIX.ORG

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money

All Content on this site is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the Site before making any decisions based on such information or other Content. In exchange for using the Site, you agree not to hold G6, Lecira, its affiliates or any third party service provider liable for any possible claim for damages arising from any decision you make based on information or other Content made available to you through the Site.