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Insider Sale: President and COO of $WRAP Sells 96,988 Shares

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Jared Novick, the President and COO of $WRAP, sold 96,988 shares of the company on 08-29-2025 for an estimated $126,666. We received data on the trade from a recent SEC filing. This was a sale of approximately 38.8% of their shares of this class of stock. Following this trade, they now own 153,012 shares of this class of $WRAP stock.

$WRAP Insider Trading Activity

WRAP Insider Trades

$WRAP insiders have traded $WRAP stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $WRAP stock by insiders over the last 6 months:

  • SCOT COHEN (Executive Chairman and CEO) sold 96,989 shares for an estimated $126,667
  • JARED NOVICK (President and COO) sold 96,988 shares for an estimated $126,666
  • ELWOOD G NORRIS has made 0 purchases and 2 sales selling 31,449 shares for an estimated $52,644.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$WRAP Hedge Fund Activity

We have seen 17 institutional investors add shares of $WRAP stock to their portfolio, and 30 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • VANGUARD GROUP INC added 186,200 shares (+13.5%) to their portfolio in Q2 2025, for an estimated $290,472
  • MARSHALL WACE, LLP removed 134,888 shares (-81.9%) from their portfolio in Q2 2025, for an estimated $210,425
  • ALERUS FINANCIAL NA removed 97,760 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $152,505
  • ROYAL BANK OF CANADA added 82,344 shares (+32165.6%) to their portfolio in Q2 2025, for an estimated $128,456
  • THOMPSON DAVIS & CO., INC. added 66,150 shares (+inf%) to their portfolio in Q2 2025, for an estimated $103,194
  • CITADEL ADVISORS LLC removed 60,818 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $94,876
  • RENAISSANCE TECHNOLOGIES LLC added 46,800 shares (+inf%) to their portfolio in Q2 2025, for an estimated $73,008

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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