zSpace CEO Kellenberger Sells 2,822 Shares at $2.79 and $2.77 Per Share.

ZSpace, Inc. [ZSPC] recently disclosed that Director and Chief Executive Officer Paul Kellenberger has executed two transactions involving the sale of shares. On July 15, 2025, Mr. Kellenberger sold 1,407 shares at a price of $2.79 per share. Subsequently, on July 14, 2025, he sold an additional 1,415 shares at a price of $2.77 per share.

zSpace, Inc. (ZSPC), a technology company focused on educational software and services, recently experienced a significant sell-off of shares by its Chief Executive Officer, Paul Kellenberger. On July 15, 2025, Kellenberger sold 1,407 shares at a price of $2.79 per share. Subsequently, on July 14, 2025, he sold an additional 1,415 shares at a price of $2.77 per share [1].

The sales come at a time when the company's stock has been trading near its 52-week low of $2.76, with a current market capitalization of approximately $69 million. The transactions, which totaled $7,836, were executed to cover tax obligations from a prior vesting of restricted stock units [1].

After these transactions, Kellenberger directly owns 28,170 shares of zSpace, Inc. The company has been experiencing significant volatility, with the stock down over 86% in the past year. Despite this, zSpace reported a 14% decrease in revenue from the previous year, totaling $6.8 million, in its first-quarter 2025 earnings. However, the company highlighted a 19% increase in gross profit, reaching $3.2 million, due to improved gross margins. Additionally, the company reported an 11% growth in its software and services revenue, indicating a strategic shift towards more profitable segments [1].

zSpace also completed the acquisition of BlocksCAD and Second Avenue Learning to enhance its educational technology offerings. The company's annualized contract value of renewable software rose by 10% to $11.6 million, reflecting strong retention in this segment. The company has also secured a $20 million convertible financing facility, with $13 million already funded to support further acquisitions and corporate activities [1].

Analysts have not provided new upgrades or downgrades for zSpace, but the company’s strategic moves suggest a focus on long-term growth. These developments reflect zSpace’s efforts to navigate a challenging market environment while expanding its reach in the education sector.

References:
[1] https://www.investing.com/news/insider-trading-news/zspace-ceo-kellenberger-sells-78k-in-shares-93CH-4130828