One of the founders of CD PROJEKT sold company shares worth 12 million dollars
The co-chairman of the supervisory board and co-founder of CD PROJEKT, Marcin Iwiński, recently sold 223,520 shares of the Polish company. This is stated in CD PROJEKT's report.
The Witcher IV
According to the document, Iwiński sold the shares at a price of 216.24 PLN ($53.65) each. In doing so, he earned 48.3 million PLN ($11.98 million) from the sale.
As stated by CD PROJEKT, Iwiński sold the shares "for personal investment reasons." Nonetheless, he remains a major shareholder of the company, and his decision does not indicate a change in his opinion regarding CD PROJEKT's development strategy.
As of the end of November 2024, Iwiński owned 12.87 million shares (12.89%) of CD PROJEKT.
At the time of writing, a CD PROJEKT share is trading at 212.7 PLN ($52.78). Although this is slightly lower than when Iwiński made his sale, overall, CD PROJEKT shares have risen in value recently. Since January 1, 2025, their value has increased by 10%, and since January 24, 2024, they have surged by 101.6%.
How CD PROJEKT's stock value has changed since the company went public