Exodus Movement director Margaret Knight sells $955 in stock

Margaret Knight, a director at Exodus Movement, Inc. (NASDAQ:EXOD), sold 135 shares of Class A Common Stock on October 1, 2026, according to a recent SEC filing. The shares were sold at a price of $7.08 per share, totaling $955. The stock has since declined to $5.41, reflecting a broader downturn that has seen shares fall roughly 79% over the past year. According to InvestingPro analysis, the stock currently appears undervalued at its Fair Value of $6.27, despite the company’s high volatility with a beta of 3.04.

Following the transaction, Ms. Knight directly holds 12,293 shares of Class A Common Stock. The shares sold included restricted stock units (RSUs) that were originally granted on October 2, 2025, and vested in equal monthly installments through October 1, 2026. Each RSU represents the right to receive one share of Class A Common Stock upon settlement.

In other recent news, Exodus Movement reported revenue of $26.2 million for the latest quarter, marking a 1.4% increase year-over-year and a 15.2% rise quarter-over-quarter. However, the company posted an adjusted EBITDA loss of $6.7 million, which was wider than some analysts’ expectations. The company attributed the wider loss to acquisition and restructuring costs associated with its transition into payments. Despite these costs, Cantor Fitzgerald raised its price target for Exodus Movement to $15.00, maintaining an Overweight rating. Meanwhile, BTIG adjusted its price target to $12.00 from $16.00, citing valuation reasons but kept a Buy rating. StoneX also reiterated a Buy rating with a price target of $12.00, while Jones Trading initiated coverage with a Hold rating. These developments reflect the company’s strategic pivot towards stablecoin payments and blockchain transaction processing.