Insider Makes Bold Multimillion-Dollar Bet on Connexa Sports Technologies

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2026.01.23 02:01
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Insider Hongyu Zhou made a significant purchase of 4,215,000 shares in Connexa Sports Technologies (YYAI) for $5.77 million, indicating strong confidence in the company. However, analysts express concerns over declining revenues, persistent losses, and high liabilities, leading to a bearish outlook. The stock's valuation metrics are poor, and recent earnings calls have not clarified growth prospects, contributing to negative sentiment despite active trading and a market cap of $47.6 million.