Streamex CIO Mitchell Williams sells $35,239 in company stock

Mitchell Young Williams, Chief Investment Officer and a Director at Streamex Corp. (NASDAQ:STEX), sold 65,538 shares of the company’s common stock on October 7, 2026. The transactions totaled $35,239, with shares trading at prices ranging from $0.4947 to $0.5961.

The sale was executed solely to satisfy tax withholding obligations incurred upon the partial vesting of a restricted stock unit (RSU) granted on April 28, 2026.The transaction comes as Streamex shares have declined 82% year-to-date, trading near their 52-week low of $0.48. According to InvestingPro analysis, the stock appears undervalued at current levels. Investors seeking deeper insights can access the company’s comprehensive Pro Research Report, along with 11 additional ProTips, on InvestingPro.

Following this transaction, Mr. Williams directly holds 2,820,276 shares of Streamex Corp. common stock.

In other recent news, Streamex Corp reported its first-ever revenue in the second quarter of 2026, although it fell short of expectations. The company posted a revenue of $300,000, missing the forecasted $400,000, and reported a loss of 8 cents per share, which was wider than the anticipated 2-cent loss. Streamex generated $146,000 from gold lease income during this period. Additionally, Needham adjusted its price target for Streamex, lowering it from $8.00 to $4.00, while maintaining a Buy rating. The firm pointed to limited incremental adoption of Streamex’s flagship GLDY product as a key factor in the reduced target. Streamex is currently focusing its product launches exclusively on gold and is reducing its marketing spend to maintain a cash burn rate of $1.1 million per month in the third quarter of 2026. These developments highlight Streamex’s ongoing challenges in meeting market expectations and strategic adjustments.