Yahoo Finance Rekor Systems Insider Ups Holding During Year
Insiders were net buyers of Rekor Systems, Inc.'s (NASDAQ:REKR ) stock during the past year. That is, insiders bought more stock than they sold.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
Check out our latest analysis for Rekor Systems
Rekor Systems Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Executive Chairman & CEO Robert Berman bought US$78k worth of shares at a price of US$3.14 per share. That implies that an insider found the current price of US$3.34 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Rekor Systems share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Robert Berman.
Robert Berman purchased 35.00k shares over the year. The average price per share was US$3.23. 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!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Insider Ownership Of Rekor Systems
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 7.7% of Rekor Systems shares, worth about US$19m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Do The Rekor Systems Insider Transactions Indicate?
It doesn't really mean much that no insider has traded Rekor Systems shares in the last quarter. However, our analysis of transactions over the last year is heartening. Overall we don't see anything to make us think Rekor Systems insiders are doubting the company, and they do own shares. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Rekor Systems. To help with this, we've discovered 3 warning signs (1 is concerning!) that you ought to be aware of before buying any shares in Rekor Systems.
But note: Rekor Systems may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
