Don't Ignore The Insider Selling In AIRO Group Holdings
Airo Group Holdings, Inc. AIRO | 0.00 |
We'd be surprised if AIRO Group Holdings, Inc. (NASDAQ:AIRO) shareholders haven't noticed that the Chief Financial Officer, Mariya Pylypiv, recently sold US$189k worth of stock at US$9.72 per share. That sale was 17% of their holding, so it does make us raise an eyebrow.
AIRO Group Holdings Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the CEO & Director, Joseph Burns, for US$3.1m worth of shares, at about US$17.39 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$8.59. So it may not tell us anything about how insiders feel about the current share price.
Insiders in AIRO Group Holdings didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
Does AIRO Group Holdings Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that AIRO Group Holdings insiders own 13% of the company, worth about US$36m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
What Might The Insider Transactions At AIRO Group Holdings Tell Us?
Insiders sold AIRO Group Holdings shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example - AIRO Group Holdings has 4 warning signs we think you should be aware of.
Of course AIRO Group Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
