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Insider Transactions
| Name | Transaction Date | Sold / Bought | Shares | Price | Value |
|---|---|---|---|---|---|
| McBirney Collin | Sep 12, 2024 | Buy | 416,040 | $6.3 | $2.6M |
| Topline Capital Partners, LP | Sep 12, 2024 | Buy | 416,040 | $6.3 | $2.6M |
| McBirney Collin | Sep 11, 2024 | Buy | 553,591 | $6.31 | $3.5M |
| Topline Capital Partners, LP | Sep 11, 2024 | Buy | 553,591 | $6.31 | $3.5M |
What's the latest insider transaction for Cognyte Software?
The most recent insider transaction for Cognyte Software was conducted by McBirney Collin, who sold 416,040 shares on September 12, 2024 at a price of $6.30 per share.
Which insider bought the most CGNT stock over the last two years?
Topline Capital Partners, LP has bought the most CGNT stock in the last 2 years, with a total value of $6.1M.
What is the total value of insider transactions for Cognyte Software (CGNT) in the last 2 years?
According to our estimates, the total value of insider transactions for Cognyte Software in the last 2 years is positive, amounting to $12M. This indicates that insiders have predominantly bought shares, showcasing their confidence in the company's future prospects.
How do insider transactions over the last 2 years reflect on Cognyte Software's market confidence?
Over the last 2 years, insider transactions for Cognyte Software have predominantly involved purchasing shares, indicating a strong confidence among insiders in the company's future prospects. This trend of more purchases than sales could be a positive signal to potential investors about the insiders' view on the company's valuation and growth potential.
Why is monitoring insider trading activity important for investors?
Monitoring insider trading activity is important because it provides insights into the confidence levels of a company's insiders, such as executives and directors, regarding the company's future prospects. Insider buying can signal optimism, suggesting the stock may be undervalued, while insider selling might raise questions about the stock's upcoming performance. However, it's essential to consider that sales can also occur for personal financial reasons. Insider trading activity is a valuable indicator that, when combined with other data, can help inform investment decisions.
