Phunware CEO Dmitry Kroshka Purchases Shares of $PHUN

Dmitry Kroshka, the Chief Executive Officer of Phunware, Inc., made a significant purchase of company shares on June 25, 2026. Kroshka acquired 317,460 shares, marking a notable move in insider activity for the company. The transaction did not involve a specific purchase price and was not under a pre-planned scheme.

Insider Buying and Selling at Phunware, Inc.

On June 25, 2026, Phunware's CEO Dmitry Kroshka increased his holdings with a purchase of 317,460 shares. This was not part of a Rule 10b5-1 trading plan. Additionally, Vice President of Accounting, John Brendhan Botkin, sold 429 shares earlier on June 9, 2026, at an average price of $1.94 per share.

Other Institutional Activity in Phunware, Inc.

Several institutional investors have also been active in Phunware. Vanguard Capital Management LLC opened a new position with 883,500 shares valued at approximately $1.56 million. UBS Group AG significantly increased its stake by 522,555 shares, now holding 676,251 shares worth about $1.2 million, a 340% rise. BlackRock, Inc. added 4,615 shares to its holdings, now totaling 564,929 shares valued at nearly $1 million. Geode Capital Management, LLC increased its position by 4,926 shares, bringing its total to 228,981 shares worth about $405,359.

Phunware, Inc. Stock Down 8.1%

Shares of NasdaqCM:PHUN traded near $1.92 on Sunday. Phunware, Inc. has a market capitalization of approximately $39.3 million. The company has no meaningful forward P/E ratio due to its lack of profitability. The stock's beta is 2.623, indicating higher volatility compared to the market. Phunware's 52-week trading range spans from $1.56 to $3.70, with a 50-day moving average of $2.05 and a 200-day moving average of $2.11.

Recent Earnings

Phunware reported revenue of $2.41 million, which represented a decline of 21.2% compared to the previous period. The company has a net margin of 0.0% and a return on equity of -11.05%. Investors are looking ahead to the next earnings report, scheduled for August 7, 2026.

Analysts Set New Price Targets

On March 25, 2026, HC Wainwright & Co. reiterated a 'hold' rating for Phunware with a price target of $2.0. The current analyst consensus indicates a mean target price of $2.0, based on one analyst's opinion.

About Phunware, Inc.

Phunware, Inc., based in Austin, Texas, operates in the technology sector, specifically in software applications. The company provides a comprehensive software platform that helps businesses manage and monetize their mobile app portfolios. Phunware's offerings include cloud-based solutions, mobile marketing automation, and location-based services. Founded in 2009, the company serves clients both in the United States and internationally and is led by CEO Dmitry Kroshka.

Bottom Line

The recent insider buying by Phunware's CEO is a point of interest for investors. This activity, combined with institutional movements, suggests varied opinions on the company's future prospects. Investors should note that insider and institutional transactions are historical and may not reflect current sentiment.