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Insider Transactions
| Name | Transaction Date | Sold / Bought | Shares | Price | Value |
|---|---|---|---|---|---|
| Zheng Peiming | May 7, 2024 | Sell | 30,364 | $93.686 | $2.8M |
| de Montlivault Stephane | Feb 21, 2024 | Sell | 18,393 | $91.1013 | $1.7M |
| LaFreniere Nora E. | Feb 20, 2024 | Sell | 22,106 | $90.8727 | $2M |
| Ryan Michael Patrick | Feb 20, 2024 | Sell | 3,522 | $90.7665 | $320,000 |
| Marks Judith Fran | Feb 7, 2024 | Sell | 37,312 | $91.83 | $3.4M |
| Calleja Fernandez Bernardo | Jul 28, 2023 | Sell | 3,992 | $90.6965 | $360,000 |
| Ryan Michael Patrick | Jul 28, 2023 | Sell | 6,372 | $90.5015 | $580,000 |
| Calleja Fernandez Bernardo | Mar 6, 2023 | Sell | 703 | $86.853 | $61,000 |
| Calleja Fernandez Bernardo | Feb 14, 2023 | Sell | 837 | $84.67 | $71,000 |
| Ryan Michael Patrick | Feb 6, 2023 | Sell | 1,811 | $84.44 | $150,000 |
| Ryan Michael Patrick | Feb 6, 2023 | Sell | 1,107 | $84.49 | $94,000 |
| Ryan Michael Patrick | Feb 6, 2023 | Sell | 100 | $84.52 | $8,500 |
| Cramer James F. | Feb 6, 2023 | Sell | 700 | $83.97 | $59,000 |
| de Montlivault Stephane | Feb 3, 2023 | Sell | 11,205 | $84.23 | $940,000 |
| Zheng Peiming | Feb 3, 2023 | Sell | 11,333 | $83.8 | $950,000 |
| LaFreniere Nora E. | Feb 3, 2023 | Sell | 6,000 | $83.81 | $500,000 |
| LaFreniere Nora E. | Feb 3, 2023 | Sell | 5,514 | $83.85 | $460,000 |
| de Montlivault Stephane | Feb 3, 2023 | Sell | 4,787 | $84.32 | $400,000 |
| Zheng Peiming | Feb 3, 2023 | Sell | 1,798 | $83.86 | $150,000 |
| Cramer James F. | Feb 3, 2023 | Sell | 5,142 | $84.28 | $430,000 |
| Cramer James F. | Feb 3, 2023 | Sell | 1,259 | $84.15 | $110,000 |
| de Montlivault Stephane | Feb 3, 2023 | Sell | 13 | $84.34 | $1,100 |
What's the latest insider transaction for Otis Worldwide?
The most recent insider transaction for Otis Worldwide was conducted by Zheng Peiming, who sold 30,364 shares on May 7, 2024 at a price of $93.69 per share.
Which insider has sold the most OTIS stock over the last two years?
Zheng Peiming has sold the most OTIS stock in the last 2 years, with a total value of $3.9M.
What is the total value of insider transactions for Otis Worldwide (OTIS) in the last 2 years?
The total value of insider transactions for Otis Worldwide in the last 2 years is negative, amounting to -$16M. 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 Otis Worldwide's market confidence?
Over the last 2 years, insider transactions for Otis Worldwide 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.
