John W. Gibson, Jr. Buys 52,157 Shares of Nauticus Robotics, Inc. (NASDAQ:KITT) Stock

Nauticus Robotics, Inc. (NASDAQ:KITT) CEO John W. Gibson, Jr. purchased 52,157 shares of Nauticus Robotics stock in a transaction that occurred on Tuesday, November 26th. The shares were bought at an average price of $1.03 per share, with a total value of $53,721.71. Following the transaction, the chief executive officer now owns 71,713 shares in the company, valued at approximately $73,864.39. The trade was a 266.71 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Nauticus Robotics Trading Up 9.8 %

NASDAQ:KITT opened at $1.12 on Friday. The stock has a 50 day moving average of $1.29 and a two-hundred day moving average of $2.98. Nauticus Robotics, Inc. has a 12 month low of $0.85 and a 12 month high of $60.48. The firm has a market cap of $7.18 million, a P/E ratio of -0.02 and a beta of -0.01.

Institutional Trading of Nauticus Robotics

A hedge fund recently bought a new stake in Nauticus Robotics stock. Mercer Global Advisors Inc. ADV bought a new position in shares of Nauticus Robotics, Inc. (NASDAQ:KITT) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 400,000 shares of the company’s stock, valued at approximately $54,000. Mercer Global Advisors Inc. ADV owned approximately 0.64% of Nauticus Robotics as of its most recent SEC filing. Hedge funds and other institutional investors own 20.50% of the company’s stock.

Nauticus Robotics Company Profile

Nauticus Robotics, Inc develops ocean robots, cloud software, and services to the ocean industry. The company offers Aquanaut, an autonomous underwater vehicle with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; Olympic Arm, an all-electric manipulator designed for a variety of intervention tasks on work class remotely operated vehicles; and ToolKITT, a software platform, which consists of interrelated products for ocean sensing, manipulation, autonomous behaviors, survey, search and recovery, and manual intervention.