Transaction details
Director Lekstrom Morgan Lee disclosed an acquisition of 41,000 shares of Streamex Corp. (NASDAQ: STEX) common stock on January 23, 2026. The shares were acquired at a weighted average cost of $3.1338, bringing the total value of the transaction to $128,485. Reported prices for the shares ranged between $3.06 and $3.16902. Following this purchase, Lee directly holds 48,000 Streamex shares through All Mine Consulting Ltd.
Market context
Streamex shares have experienced short-term weakness, declining 8.19% over the prior week. As of the latest available quote in the disclosure, the stock was trading at $3.45, which sits modestly above Lee's average buy price. Despite recent volatility, Streamex has posted substantial gains over the past twelve months, returning 220.2%.
Analyst perspective and insights noted
According to InvestingPro, analysts have set a $12 price target for Streamex, implying notable upside from current levels. InvestingPro also provides six additional insights about the company that may help investors contextualize this insider purchase.
Concurrent corporate and financing actions
Streamex has been active on multiple corporate fronts. The company announced the prepayment of $50 million in secured convertible debentures to YA II PN, LTD., and the prepayment included a 10% premium. In addition, Streamex has priced an underwritten public offering of 11.67 million shares at $3.00 per share, which is expected to yield approximately $35 million in gross proceeds before expenses. The offering is being managed by Needham & Company and Siebert and is anticipated to close around January 26, 2026.
At the company’s 2025 annual meeting, shareholders approved director elections and amendments to the incentive plan. Morgan Lekstrom and Karl Henry McPhie were elected as Class I directors, with terms running until 2028. Streamex also expanded its portfolio by acquiring a 9.9% interest in Empress Royalty Corp. through a share swap valued at $12.2 million.
What this indicates
The filings show a director increasing his direct ownership amid a period of active balance-sheet management and corporate governance updates at Streamex. The combination of insider buying, debt prepayment with a premium, a priced public offering and an acquisition of a minority royalty stake outlines several concurrent strategic and financial moves by the company.
Data limitations
All figures and events in this report are drawn from the disclosures provided. The article does not add information beyond those disclosures and does not infer motives or future outcomes beyond the stated facts.