Transaction details
According to a Form 4 filing submitted to the Securities and Exchange Commission, Marx Felix, a director at SOCKET MOBILE, INC. (NASDAQ: SCKT), sold 3,000 shares of the company's common stock on February 24, 2026. The shares changed hands at $1.00 each, giving the transaction a total value of $3,000. After completing the sale, Felix directly owned 8,643 shares of Socket Mobile.
Recent stock performance and market data
Socket Mobile shares are currently quoted at $0.90, representing an 11% decrease over the past week. Over the last 12 months, the stock has fallen by 20%. The company carries a market capitalization of $7.26 million. These price and market-capitalization figures are reported using InvestingPro data. InvestingPro also notes that it offers a comprehensive Pro Research Report on SCKT, and that SCKT is one of more than 1,400 U.S. equities the service covers.
Product announcements
Separately from the insider transaction, Socket Mobile announced a slate of new products aimed at improving barcode scanning for a range of end users. The company introduced the SocketScan S721, a Bluetooth barcode scanner that uses Bluetooth Low Energy technology. Socket Mobile says the S721 delivers faster pairing and more reliable connectivity and is intended to replace the prior S720 model, offering improved performance at a lower cost.
In addition to the S721, Socket Mobile unveiled the DuraScan Terminal line, which includes the DT841 and DT862 models. These devices are positioned as professional-grade scanners designed to keep iPhones secure within protective housings. The DuraScan Terminal units are compatible with USB-C charging and rely on Bluetooth Low Energy for connectivity.
The company also released the XtremeScan v16e industrial barcode scanners. Socket Mobile reports that the XtremeScan v16e models feature redesigned housings and improved ergonomics, changes driven by customer feedback across industries.
What is known and what is not
The SEC filing documents the director's sale and the post-transaction shareholding. The article does not provide additional commentary from the company or the director regarding the sale, nor does it quantify potential sales, revenues, or financial impact related to the newly announced products.
Bottom line
The publicly disclosed insider sale and the product announcements are both factual items recorded in filings and company statements. The available data indicate recent near-term weakness in the company's share price and a market capitalization that is modest. The firm is pursuing hardware updates across consumer, point-of-sale, and industrial barcode-scanning segments.