Recently fell 19% Sarcos Technology and Robotics’ (NASDAQ: STRC ) stock could be a blow to insiders who bought $341K worth of shares at an average purchase price of $3.41 over the past 12 months. Insiders buy with the hope of seeing their investment grow in value over time. However, due to recent losses, their initial investment is now only worth $95,000, which isn’t great.
While we would never suggest that investors should base their decisions solely on the actions of company directors, logically, you should be aware that insiders are buying and selling shares.
Check Opportunities and Risks in the US machinery industry.
Sarcos Technology and Robotics Insider Transactions Over the Past 12 Months
The largest single purchase by an insider over the past 12 months was $189,000 worth of stock at $3.82 apiece by independent director Brian Finn. This means that an insider is happy to buy shares at a higher price than the current $0.95. While their views may have changed after the purchase, it at least shows that they have confidence in the company’s future. We believe that the price insiders pay for a stock is very important. It’s encouraging to see insiders paying more than the stock’s current price, as it suggests they see value, even at higher levels. Brian Finn is the only insider who has bought stock in the past 12 months.
Brian Finn purchased 100.00k shares during the year. The average price per share is $3.41. You can see last year’s insider transactions (by company and individual) in the table below. If you click on the chart, you can see all individual trades including share price, individual and date!
Insiders are always buying a lot of stock.So if that suits your style you can check each stock one by one or you can look at this free List of companies. (Hint: insiders have been buying them).
Internal ownership of Sarcos technology and robotics
I like to see how much stake insiders own in a company to help understand how aligned they are with insiders. We generally like to see fairly high levels of insider ownership. Sarcos Technology and Robotics insiders own a stake worth about $54 million. This equates to 37% of the company. This level of insider ownership is nice, but not outstanding enough. It does show a reasonable degree of alignment.
So what does this data tell Sarcos tech and robotics insiders?
The fact that there have been no recent insider deals from Sarcos Technology and Robotics certainly doesn’t bother us. But over the past year, insiders have shown greater interest in the stock. Insiders own stakes in Sarcos Technology and Robotics, and we see no evidence that they are worried about the future. So while it’s helpful to know what insiders are doing when it comes to buying and selling, it’s also helpful to know what risks a particular company faces.To assist with this problem, we found 2 warning signs You should take a closer look to better understand Sarcos Technology and Robotics.
But please note: Sarcos Technology and Robotics May Not Be the Best Stocks. so look at this free List of interesting companies with high return on equity and low debt.
For the purposes of this article, an insider is an individual who reports their transactions to the relevant regulator. We currently consider open market transactions and private dispositions, but not derivatives transactions.
What are the risks and opportunities Sarcos technology and robotics?
Revenue expected to grow 61.61% annually
Revenue growth of 26.1% over the past year
Shareholders have been diluted in the past year
Currently unprofitable and not expected to be profitable for the next 3 years
View all risks and rewards
Have feedback on this article? Concerned about content? keep in touch Contact us directly. Alternatively, email the editorial team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We use only an unbiased methodology to provide reviews based on historical data and analyst forecasts, 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 into account your objectives or your financial situation. Our goal is to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no positions in any of the stocks mentioned.