Nomadar (NASDAQ:NOMA) Major Shareholder City Cadiz S.L. Sport Buys 1,700 Shares

Market Beat
2026.04.27 20:52
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Nomadar Corp. (NASDAQ:NOMA) major shareholder City Cadiz S.L. Sport purchased 1,700 shares at $6.62 each, totaling $11,254. This acquisition increased their ownership to 7,776,932 shares, valued at approximately $51.48 million. The purchase was disclosed to the SEC, as required for large shareholders. City Cadiz has been actively buying shares, with recent transactions averaging around $5.00 to $5.27 per share. Despite these purchases, Nomadar's stock has seen fluctuations, trading down to $3.87 recently, with a market cap of $55.19 million and a negative price-to-earnings ratio.