Mahesh Choudhury Acquires 69,542 Shares of Connectm Technology Solutions Inc. (NASDAQ:CNTM) Stock

Connectm Technology Solutions Inc. (NASDAQ:CNTM) insider Mahesh Choudhury purchased 69,542 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were bought at an average cost of $0.89 per share, for a total transaction of $61,892.38. Following the completion of the purchase, the insider now directly owns 69,542 shares of the company’s stock, valued at $61,892.38. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Connectm Technology Solutions Trading Up 2.6 %

CNTM opened at $1.03 on Friday. Connectm Technology Solutions Inc. has a one year low of $0.67 and a one year high of $12.47. The company has a market cap of $21.69 million, a PE ratio of -430.85 and a beta of 0.05.

Connectm Technology Solutions (NASDAQ:CNTM) last announced its quarterly earnings data on Wednesday, August 14th. The company reported $0.15 earnings per share for the quarter.

About Connectm Technology Solutions

The ConnectM Energy Intelligence Network is an all-in-one technology platform that monitors and manages electrified assets throughout their lifecycle. It collects anonymized performance data to refine AI models, creating a data-driven intelligence loop. This capability uniquely positions ConnectM as a leader in the electrification economy.