we, Sunpower Co., Ltd. (NASDAQ:SPWR) VP, Corporate Controller and Principal Accounting Officer Vichheka Heang recently sold shares worth US$77,000 at US$22.01 per share. That may not be a lot of money, but it was 52% of their personal holdings, so I was a little disappointed.
Our analysis SPWR may be overestimated.
SunPower Insider Trading Last Year
Notably, the company’s recent sale by VP, Corporate Controller and Principal Accounting Officer Vichheka Heang wasn’t the only SunPower stake sold this year. They previously sold shares worth US$349,000 at him US$24.95 per share. So what’s clear is that the insider has decided he’s a good fit to sell at around $23.85, which is the current price. Insider selling is negative for us, but if the stock sells at a lower price, it becomes more negative. In this case, the big sale happened around the current price, so it’s not too bad (but still not positive).
Vichheka Heang sold a total of 175,000 shares at an annual average of US$24.36. Below is a visual depiction of insider trading (by companies and individuals) over the last 12 months. Clicking on the chart will show you all individual deals, such as stock, individual, and date.
For those who like to search investment win this freedom A list of growing companies that recently made insider acquisitions could be just the ticket.
Does SunPower boast high insider ownership?
For public shareholders, it is worth checking the number of shares held by internal parties. Generally, the higher the insider’s ownership, the more likely the insider has an incentive to build the company over the long term. A SunPower insider appears to own his 0.7% of the company, worth about $29 million. While we certainly see higher levels of insider ownership elsewhere, these holdings are enough to suggest coordination between insiders and other shareholders.
So what does SunPower’s insider trading tell us?
Insiders recently sold stock, but they haven’t bought. The insider owns the stock but not the heap and sells it. Therefore, buy only after careful consideration. In addition to knowing about ongoing insider trading, it is useful to identify the risks facing SunPower. Notice that SunPower is listed 3 Warning Signs in Investment Analysisone of which could be serious…
However, please note the following: SunPower may not be the best stock to buy. Now take a look at this freedom A list of interesting companies with high ROE and low debt.
For the purposes of this article, an insider is an individual who reports a transaction to the relevant regulatory body. Currently, we consider open market transactions and private disposals, but not derivative transactions.
Valuation is complicated, but we’re here to help make it simple.
find out if Sunpower You may be overestimated or underestimated by checking out our comprehensive analysis including: Fair value estimates, risks and warnings, dividends, insider trading and financial health.
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This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price sensitive company announcements or qualitative materials. Is not …
