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Stock impact report

Energous Stock Down 23% But Insiders Still In US$42k Profit [Yahoo! Finance]

Energous Corporation (WATT) 
Last energous corporation earnings: 11/7 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.energous.com
Company Research Source: Yahoo! Finance
deeply impacted by the stock's 23% decline over the past week. After accounting for the recent loss, the US$50.4k worth of shares they purchased is now worth US$92.8k, suggesting a good return on their investment. Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The Last 12 Months Of Insider Transactions At Energous In the last twelve months, the biggest single purchase by an insider was when CEO, CFO Mallorie Burak bought US$50k worth of shares at a price of US$7.88 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$14.50. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what the Show less Read more
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