Loop Industries Soars 13.97% on Insider Buying Spree

On July 28, 2025, Loop Industries' stock surged by 13.97% in pre-market trading, reflecting significant investor interest and confidence in the company's recent developments.

Loop Industries has seen a flurry of insider buying activity, with key executives and directors acquiring substantial shares. CEO Daniel Solomita purchased 906,794 shares at approximately $1.01 per share, totaling nearly $915,500. This move was followed by other insiders, including Chief Revenue Officer Giovanni Catino, who bought 150,000 shares worth around $151,440. Additionally, director Laurence Sellyn acquired shares valued at $151,440, further demonstrating the company's leadership's confidence in its future prospects.

Over the past year, insiders have collectively bought 1.61 million shares worth approximately $1.7 million, while selling only 101,280 shares for around $158,000. This trend indicates a strong belief in the company's growth potential and strategic direction. The insider buying activity has likely contributed to the recent surge in Loop Industries' stock price, as investors often view such transactions as a positive signal of the company's health and future performance.