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Insider Transactions
| Name | Transaction Date | Sold / Bought | Shares | Price | Value |
|---|---|---|---|---|---|
| PUBLIC INVESTMENT FUND | Oct 31, 2024 | Buy | 21,470,459 | $2.591 | $56M |
| PUBLIC INVESTMENT FUND | Oct 30, 2024 | Buy | 374,717,927 | $2.591 | $971M |
| PUBLIC INVESTMENT FUND | Aug 16, 2024 | Buy | 75,000 | $10000 | $750M |
| Bach Eric | Aug 16, 2024 | Sell | 89,959 | $3.14 | $280,000 |
| PUBLIC INVESTMENT FUND | Mar 29, 2024 | Buy | 100,000 | $10000 | $1B |
| Bell Michael | Sep 14, 2023 | Sell | 46,735 | $6.01 | $280,000 |
| PUBLIC INVESTMENT FUND | Jun 22, 2023 | Buy | 265,693,703 | $6.83 | $1.81B |
| PUBLIC INVESTMENT FUND | Dec 22, 2022 | Buy | 85,712,679 | $10.6752 | $915M |
| Bell Michael | Dec 7, 2022 | Sell | 12,574 | $8.5666 | $110,000 |
What's the latest insider transaction for Lucid Motors?
The most recent insider transaction for Lucid Motors was conducted by PUBLIC INVESTMENT FUND, who sold 21,470,459 shares on October 31, 2024 at a price of $2.59 per share.
Which insider bought the most LCID stock over the last two years?
PUBLIC INVESTMENT FUND has bought the most LCID stock in the last 2 years, with a total value of $5.51B.
Which insider has sold the most LCID stock over the last two years?
Bell Michael has sold the most LCID stock in the last 2 years, with a total value of $390,000.
What is the total value of insider transactions for Lucid Motors (LCID) in the last 2 years?
According to our estimates, the total value of insider transactions for Lucid Motors in the last 2 years is positive, amounting to $5.51B. 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 Lucid Motors' market confidence?
Over the last 2 years, insider transactions for Lucid Motors 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.
