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Insider Buys Additional US$50k In Shattuck Labs Stock

Insider Buys Additional US$50k In Shattuck Labs Stock

內部人士購買了shattuck labs股票額外的5萬美元
Simply Wall St ·  07/04 07:18

Whilst it may not be a huge deal, we thought it was good to see that the Shattuck Labs, Inc. (NASDAQ:STTK) Co-Founder, Taylor Schreiber, recently bought US$50k worth of stock, for US$3.47 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

The Last 12 Months Of Insider Transactions At Shattuck Labs

Over the last year, we can see that the biggest insider sale was by the Chief Financial Officer, Andrew Neill, for US$250k worth of shares, at about US$10.00 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$3.70. So it is hard to draw any strong conclusion from it. Andrew Neill was the only individual insider to sell over the last year.

Over the last year, we can see that insiders have bought 22.82k shares worth US$83k. On the other hand they divested 25.00k shares, for US$250k. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
NasdaqGS:STTK Insider Trading Volume July 4th 2024

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).

Does Shattuck Labs Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 13% of Shattuck Labs shares, worth about US$23m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Shattuck Labs Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. But we can't say the same for the transactions over the last 12 months. We don't take much heart from transactions by Shattuck Labs insiders over the last year. But they own a reasonable amount of the company, and there was some buying recently. In short they are likely aligned with shareholders. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Shattuck Labs. At Simply Wall St, we've found that Shattuck Labs has 5 warning signs (1 is potentially serious!) that deserve your attention before going any further with your analysis.

But note: Shattuck Labs may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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