Gayle Michelle Jardine, serving as interim chief financial officer at Coda Octopus Group, Inc. (NASDAQ: CODA), disclosed a sale of company stock in a Form 4 filed with the Securities and Exchange Commission. The filing records that Jardine sold 2,256 shares on March 19, 2026, at a per-share price of $12.5935, producing proceeds of $28,410.
Following the disposition, Jardine is reported to directly own 2,500 shares of Coda Octopus Group. The SEC filing is the source for the transaction details.
The insider sale takes place against the backdrop of a strong run for CODA shares over the last year. The stock has risen by more than 101% over the past 12 months and is trading at $12.38. Separately, InvestingPro analysis referenced in the filing indicates the stock appears overvalued relative to its calculated Fair Value and is listed among names the service classifies as Most Overvalued. The investment service notes that a comprehensive Pro Research Report is available for CODA as part of its coverage of more than 1,400 U.S. equities.
Corporate results released for the first quarter of fiscal 2026 showed Coda Octopus beating analyst expectations. The company reported earnings per share of $0.08, above the consensus forecast of $0.06, a difference the filing quantifies as a 33.33% beat relative to expectations. Revenue for the quarter came in at $6.71 million versus forecasts of $6.23 million, a 7.7% surprise in the company’s favor.
Those quarterly figures are described as a strong start to the fiscal year. The filing notes there were no accompanying updates about mergers or acquisitions, and there were no analyst upgrades or downgrades reported in connection with the earnings release.
Market participants and investors tracking insider activity, valuation signals and quarterly performance will likely continue to monitor subsequent filings and company disclosures for further developments. The filing and the company’s reported results provide the factual basis for the items above; no additional corporate actions or analyst moves were reported alongside these disclosures.