Morgan Lee Lekstrom, Interim Executive Chairman at Streamex Corp. (STEX), bought 47,000 shares at $3.13 ($147K) on 2026-01-23, disclosed to the SEC on 2026-05-28.
Interim Executive Chairman Morgan Lee Lekstrom purchased $147,288.60 of Streamex Corp. stock at $3.13 per share, signaling confidence in the company's turnaround despite recent market headwinds. This move comes as the stock has crashed nearly 75% over the last year, presenting a potential contrarian entry point.
The stock has experienced extreme volatility, surging 33.63% over the past 5 days and 69.64% over the last 30 days, yet remains down 74.19% over the last year and is currently trading 89.3% below its 52-week high of $14.11.
1) Q1 2026 Earnings Call on May 19, 2026, which highlighted the launch of GLDY and zero debt status; 2) The completion of a US$35.00 million follow-on offering in January 2026 to prepay convertible debt; 3) The ongoing rollout of GLDY, which has recently faced analyst concerns regarding slower than expected traction.
Analysts have revised the fair value estimate for Streamex down from US$12 to US$8 due to concerns over slower GLDY rollout and mixed partnership announcements, while the stock has also faced a 17.1% decline in the last 7 days.
Something here stands out, but not much.
| Filing → |
| STEX | BUY | 2026-05-21 | $153K | — | Filing → |
| STEX | SELL | 2026-04-17 | $14K | — | Filing → |
| STEX | BUY | 2026-02-18 | $50K | — | Filing → |