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flag Major shareholder Elwood Norris sold 107,008 WRAP shares in late 2025, amid company losses and cautious investor sentiment.

flag Major shareholder Elwood Norris sold multiple blocks of Wrap Technologies (WRAP) stock between October and November 2025, totaling 107,008 shares, reducing his stake significantly. flag The sales, filed with the SEC, occurred at prices between $2.02 and $2.83 per share. flag The company reported a quarterly loss of $0.06 per share, revenue of $3.51 million, and negative profitability metrics. flag Despite launching a new NDAA-compliant body camera platform to boost government contract eligibility, investor sentiment remains cautious due to weak fundamentals, insider selling, and a "sell" analyst consensus. flag The stock closed at $2.28 on January 30, 2026, with a market cap of $117.44 million and trading near its 50-day and 200-day moving averages.

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