Wearable Devices Ltd. $WLDS reported second-quarter 2026 revenue of $175,000, up 19.05% from a year earlier, as gross profit nearly doubled to $21,000. The company’s results showed modest top-line growth, but profitability remained under pressure.
Operating loss widened to $2.9 million, while net loss attributable to common shareholders came in at $2.8 million. Diluted loss per share was $1.75, reflecting continued losses despite improved revenue and gross profit trends.
Cash burn remained elevated, with operating cash outflow of $2.1 million. Cash and cash equivalents totaled $677,000 at quarter-end, while total liabilities rose to $1.5 million.
- Revenue: $175,000
- Gross profit: $21,000
- Operating loss: $2.9 million
- Net loss: $2.8 million
- Stock moved up 11.91% after market close
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Wearable Devices Ltd. Insider Trading Activity
Wearable Devices Ltd. insiders have traded $WLDS stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $WLDS stock by insiders over the last 6 months:
- SHMUEL BAREL (Chief Marketing Officer) sold 7,182 shares for an estimated $7,182
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Wearable Devices Ltd. Hedge Fund Activity
We have seen 6 institutional investors add shares of Wearable Devices Ltd. stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARMISTICE CAPITAL, LLC removed 230,752 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $380,740
- HRT FINANCIAL LP added 99,216 shares (+inf%) to their portfolio in Q2 2026, for an estimated $163,706
- KATHMERE CAPITAL MANAGEMENT, LLC removed 63,767 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $105,215
- CITADEL ADVISORS LLC added 24,471 shares (+inf%) to their portfolio in Q2 2026, for an estimated $40,377
- XTX TOPCO LTD removed 18,900 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $81,648
- VIRTU FINANCIAL LLC added 17,421 shares (+inf%) to their portfolio in Q2 2026, for an estimated $28,744
- UBS GROUP AG added 17,179 shares (+133.1%) to their portfolio in Q2 2026, for an estimated $28,345
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.