Smartbird CEO Carlsten Sells Over 117,000 Shares
Smartbird's CEO sold 117,459 shares as institutional investors adjust their positions.
Key Points
- On June 25, 2026, Smartbird CEO Carlsten sold 117,459 shares at $4.21 each, totaling $494,502.39.
- Smartbird's stock traded near $4.41 on Saturday, with a 52-week high of $24.31 and a market cap of $38.8 million.
- FMR LLC holds 824,863 shares, while Vanguard Capital Management opened a new position with 208,419 shares.
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Smartbird, Inc's CEO, Nadia Catherine Carlsten, sold 117,459 shares of the company on June 25, 2026. The shares were sold at an average price of $4.21, totaling approximately $494,502.39. This transaction was not part of a pre-planned trading program.
Other Institutional Activity in Smartbird
FMR LLC maintained its position in Smartbird with 824,863 shares, valued at about $2.48 million. Vanguard Capital Management LLC opened a new position, acquiring 208,419 shares worth approximately $627,341. BlackRock, Inc. slightly increased its holdings by 759 shares, ending with 74,977 shares valued at $225,681. Geode Capital Management, LLC boosted its stake by 11,143 shares to a total of 67,794 shares, valued at $204,100. Bridgeway Capital Management, LLC also increased its holdings, adding 7,189 shares to reach 42,120 shares, worth about $126,781.
Smartbird, Inc Stock Up 73.6%
Shares of NasdaqGS:BIRD traded near $4.41 on Saturday. Smartbird, Inc has a market capitalization of approximately $38.8 million. The stock has experienced significant volatility, with a 52-week low of $2.15 and a high of $24.31. It has a 50-day moving average of $5.42 and a 200-day moving average of $4.88. The company has a high beta of 2.575, indicating greater volatility compared to the market.
$BIRD stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Smartbird reported revenue of $142.7 million, but faced a revenue decline of 30.5%. The company is not currently profitable, with a net margin of -53.36% and a return on equity of -153.65%. The next earnings report is scheduled for August 6, 2026.
Insider Buying and Selling at Smartbird, Inc
Aside from Carlsten's recent sale, other insider activity includes Lily Yan Hughes purchasing 125,000 shares on June 18, 2026. Ann Mitchell, the CFO, also made notable transactions, buying 766,190 shares on the same day and selling 1,587 shares earlier in the month. Joseph Vernachio also sold 3,359 shares on June 2, 2026.
Analysts Set New Price Targets
The most recent analyst activity includes Morgan Stanley maintaining a hold rating with a price target of $8.00 on August 11, 2025. Earlier, Maxim Group initiated coverage with a buy rating and a $14.00 target on April 11, 2025.
About Smartbird, Inc
Smartbird, Inc, previously known as Allbirds, Inc, is a San Francisco-based company that offers a variety of footwear and apparel products. It targets both men and women with its lifestyle products, including tees, sweats, socks, and underwear. The company operates through e-commerce, third-party marketplaces, and physical retail locations. Benny Joseph serves as the CEO, and the company employs 362 people.
Bottom Line
Smartbird's CEO, Nadia Catherine Carlsten, has made a significant share sale, while institutional investors are making strategic changes to their positions. The company's stock has been volatile, reflecting its challenging financial performance. Investors continue to watch Smartbird closely, as institutional and insider movements provide insights into the company's future prospects.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.