Stuart N. Bernstein, a Director at Xos, Inc. (), sold 4,921 shares of the company’s common stock on May 20, 2026. The transaction totaled $9,844, with shares sold at prices ranging from $2.00 to $2.0015. The sale comes as the stock trades at $2.10, down 37% over the past year, though the company’s market cap of $24.84 million appears undervalued according to InvestingPro analysis, with shares trading below Fair Value.
Following this transaction, Mr. Bernstein directly holds 88,058 shares of Xos common stock. This figure includes 62,377 unvested restricted stock units (RSUs). Additionally, 4,133 shares are held indirectly through Bernstein Investment Partners LLC, an entity for which Mr. Bernstein serves as the Managing Member.The electric vehicle company remains unprofitable with a diluted EPS of -$1.97 over the last twelve months. For deeper insights, InvestingPro offers a comprehensive Pro Research Report on XOS, one of 1,400+ US equities covered with expert analysis and actionable intelligence.
In other recent news, Xos Inc. reported its strongest first-quarter results in its history, achieving a revenue of $11.2 million. This represents an 89.8% increase compared to the previous year. These developments highlight a significant growth in the company’s financial performance. Despite this robust increase in revenue, there are some concerns among investors about the sustainability of future margins and broader market conditions. It’s important to note that these results come amidst a backdrop of cautious investor sentiment. The impressive revenue figures underscore a notable achievement for Xos Inc. in the first quarter. While the company’s stock experienced a slight decline in aftermarket trading, the focus remains on the substantial year-over-year growth.
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