Investors may wish to note that the President of Sera Prognostics, Inc., Evguenia Lindgardt, recently netted US$88k from selling stock, receiving an average price of US$7.32. On the bright side, that's just a small sale and only reduced their holding by 8.4%.
Sera Prognostics Insider Transactions Over The Last Year
Notably, that recent sale by President Evguenia Lindgardt was not the only time they sold Sera Prognostics shares this year. They previously made an even bigger sale of -US$364k worth of shares at a price of US$9.37 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$6.44. So it may not shed much light on insider confidence at current levels.
Sera Prognostics insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).
Insider Ownership Of Sera Prognostics
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that Sera Prognostics insiders own about US$8.5m worth of shares (which is 3.6% of the company). We do generally prefer see higher levels of insider ownership.
So What Do The Sera Prognostics Insider Transactions Indicate?
Insiders sold Sera Prognostics shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. When you consider that most companies have higher levels of insider ownership, we're a little wary. We'd certainly practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Sera Prognostics. To help with this, we've discovered 6 warning signs (2 are concerning!) that you ought to be aware of before buying any shares in Sera Prognostics.
Of course Sera Prognostics may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.