Expion360 Drops To US$0.089, Yet Insiders May Have Sold Too Early

Even though Expion360 Inc. (NASDAQ:XPON) has fallen by 71% over the past week , insiders who sold US$164k worth of stock over the past year have had less luck. Insiders might have been better off holding onto their shares, given that the average selling price of US$2.83 is still below the current share price.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Expion360

Expion360 Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the insider, John Yozamp, sold US$109k worth of shares at a price of US$4.72 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$0.089. So it is hard to draw any strong conclusion from it. John Yozamp was the only individual insider to sell shares in the last twelve months.

John Yozamp divested 58.04k shares over the last 12 months at an average price of US$2.83. 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!

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Expion360 Insiders Are Selling The Stock

Over the last three months, we've seen significant insider selling at Expion360. In total, insider John Yozamp sold US$55k worth of shares in that time, and we didn't record any purchases whatsoever. In light of this it's hard to argue that all the insiders think that the shares are a bargain.

Insider Ownership Of Expion360

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. From looking at our data, insiders own US$210k worth of Expion360 stock, about 3.7% of the company. We prefer to see high levels of insider ownership.

So What Do The Expion360 Insider Transactions Indicate?

An insider sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. Insiders own relatively few shares in the company, and when you consider the sales, we're not particularly excited about the stock. So we're not rushing to buy, to say the least. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Expion360. Case in point: We've spotted 6 warning signs for Expion360 you should be aware of, and 4 of these are concerning.

But note: Expion360 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.

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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.