Cuentas Inc. CEO Maimon Shalom Arik Buys Additional Shares
Maimon Shalom Arik, CEO of Cuentas Inc., acquired 500 shares on June 25.
Key Points
- Cuentas Inc. CEO Maimon Shalom Arik bought 500 shares of CUEN at $0.33 each on June 25, 2026.
- Shares of Cuentas Inc. traded near $0.36 on Wednesday, with a market cap of about $2.86 million.
- Cuentas Inc. operates in the technology sector, offering mobile and digital services from its Miami Beach headquarters.
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Maimon Shalom Arik, the CEO of Cuentas Inc. (OTC Markets OTCQB: CUEN), purchased 500 shares of the company on June 25, 2026. The shares were bought at an average price of $0.33, with the transaction valued at $165. This move is part of a series of recent insider buys by Arik.
Insider Buying and Selling at Cuentas Inc.
Shalom Arik Maimon, who serves as CEO, has been actively buying shares of Cuentas Inc. Recently, he acquired 6,100 shares at $0.35 on June 30, 500 shares at $0.33 on June 25, 300 shares at $0.32 on June 24, 1,000 shares at $0.35 on June 23, 15,200 shares at $0.34 on June 22, and 14,700 shares at $0.30 on June 18. None of these transactions were part of a pre-planned trading program.
Cuentas Inc. Stock Down 28.8%
Shares of Cuentas Inc. traded near $0.36 on Wednesday. The company has a market cap of approximately $2.86 million and a beta of -17.656, indicating high volatility. Over the past year, its stock has ranged from a low of $0.00 to a high of $0.36. The 50-day moving average stands at $0.29, while the 200-day moving average is $0.16. Cuentas has a current and quick ratio of 0.193, reflecting its liquidity position.
$CUEN stock price
Daily closing prices, year to date. Not investment advice.
About Cuentas Inc.
Cuentas Inc. is a technology company based in Miami Beach, Florida. It provides mobile telephony, premium entertainment content, and digital lifestyle services in the United States. The company operates through three main segments: Telecommunications, Wholesale Telecommunication Services, and Digital Products. Cuentas is known for installing WiFi6 shared network systems in the New York metropolitan area and offers a range of mobile services including voice, text, data, and VPN-enabled connectivity. Led by CEO Mr. Shalom Arik Maimon, the company employs around five people.
Bottom Line
The recent insider buying by CEO Maimon Shalom Arik suggests confidence in the company's prospects. While insider transactions can provide valuable insights, it's important for investors to remember that these are backward-looking and may not reflect the current situation. Cuentas Inc. continues to operate in the competitive technology sector, offering various digital and mobile services.
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