Nina Capital Holdings Inc., a ten percent owner of PetMed Express Inc. (NASDAQ:PETS), has acquired an additional $43,725 worth of common stock. The transaction was executed on June 8, 2026, involving 25,000 shares at a weighted average price of $1.749 per share. The shares were acquired through multiple transactions with prices ranging from $1.72 to $1.75, inclusive. This activity is notable as the stock has declined 19.7% over the past week and trades down 58.5% over the past year. According to InvestingPro analysis, PETS appears undervalued at current levels, with the stock trading near its 52-week low of $1.57. InvestingPro offers exclusive Fair Value analysis and 10 additional ProTips for PETS, plus comprehensive Pro Research Reports covering over 1,400 US equities.
Following this acquisition, the reporting owners collectively hold 2,600,000 shares of common stock. This total includes 1,875,000 shares held by Nina Capital Holdings Inc. and 725,000 shares held jointly by Moises Tache Galante and his spouse, Stephannie Matz Zyman. Moises Tache Galante and Stephannie Matz Zyman are also listed as ten percent owners of the company.
In other recent news, PetMed Express reported its Q4 2026 earnings, revealing a challenging financial landscape as the company missed both earnings per share (EPS) and revenue forecasts. The reported EPS was -$0.19, falling short of the expected -$0.13, which resulted in a 46.15% negative surprise. Revenue was reported at $42.8 million, significantly below the $52 million forecast, marking a 17.69% shortfall. These results indicate a difficult quarter for the company, as reflected in the market’s reaction. Analysts and investors are closely monitoring these developments, given the substantial discrepancies from the expected figures. The recent earnings report has raised concerns among stakeholders about the company’s financial health.