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Insider Transactions
| Name | Transaction Date | Sold / Bought | Shares | Price | Value |
|---|---|---|---|---|---|
| Cryan Terence James | Nov 13, 2024 | Buy | 100,000 | $0.148 | $15,000 |
| Slaiby Peter E. | Sep 28, 2023 | Buy | 25,000 | $0.39 | $9,800 |
| Powers Robert Patrick | Sep 18, 2023 | Buy | 12,345 | $0.401 | $5,000 |
| Cryan Terence James | Sep 18, 2023 | Buy | 15,000 | $0 | $0 |
| Cryan Terence James | Sep 15, 2023 | Buy | 30,000 | $0 | $0 |
| Stratmann Philipp | Sep 15, 2023 | Buy | 12,115 | $0.4126 | $5,000 |
What's the latest insider transaction for Ocean Power Technologies?
The most recent insider transaction for Ocean Power Technologies was conducted by Cryan Terence James, who sold 100,000 shares on November 13, 2024 at a price of $0.15 per share.
Which insider bought the most OPTT stock over the last two years?
Cryan Terence James has bought the most OPTT stock in the last 2 years, with a total value of $15,000.
What is the total value of insider transactions for Ocean Power Technologies (OPTT) in the last 2 years?
According to our estimates, the total value of insider transactions for Ocean Power Technologies in the last 2 years is positive, amounting to $34,000. 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 Ocean Power Technologies' market confidence?
Over the last 2 years, insider transactions for Ocean Power Technologies 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.
