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Insider Transactions
| Name | Transaction Date | Sold / Bought | Shares | Price | Value |
|---|---|---|---|---|---|
| Wagner Richard | Mar 1, 2024 | Sell | 1,715 | $36.1419 | $62,000 |
| PETELLE JAMES F | Sep 6, 2023 | Sell | 1,456 | $33.5 | $49,000 |
| PETELLE JAMES F | Sep 6, 2023 | Sell | 43 | $33.53 | $1,400 |
| Wagner Richard | Aug 21, 2023 | Sell | 2,533 | $30.7 | $78,000 |
| Wagner Richard | Aug 11, 2023 | Sell | 2,628 | $31.51 | $83,000 |
| PETELLE JAMES F | Jun 6, 2023 | Sell | 4,908 | $31.76 | $160,000 |
| PETELLE JAMES F | Feb 7, 2023 | Sell | 3,285 | $30.51 | $100,000 |
What's the latest insider transaction for Insteel Industries?
The most recent insider transaction for Insteel Industries was conducted by Wagner Richard, who sold 1,715 shares on March 1, 2024 at a price of $36.14 per share.
Which insider has sold the most IIIN stock over the last two years?
PETELLE JAMES F has sold the most IIIN stock in the last 2 years, with a total value of $310,000.
What is the total value of insider transactions for Insteel Industries (IIIN) in the last 2 years?
The total value of insider transactions for Insteel Industries in the last 2 years is negative, amounting to -$530,000. This suggests that insiders have predominantly sold shares, which could reflect various personal or financial considerations rather than a straightforward outlook on the company's future performance.
How do insider transactions over the last 2 years reflect on Insteel Industries' market confidence?
Over the last 2 years, insider transactions for Insteel Industries have largely consisted of selling shares, which could suggest various personal or financial motivations among insiders. The higher number of sales might require investors to investigate further, considering insiders might have insights or reasons not immediately apparent to the public.
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.
