Have Insiders Sold RCM Technologies, Inc. (NASDAQ:RCMT) Shares Recently?

Some RCM Technologies, Inc. (NASDAQ:RCMT) shareholders may be a little concerned to see that insider Leon Kopyt recently sold a substantial US$1.1m worth of stock at a price of US$6.09 per share. That sale reduced their total holding by 31% which is hardly insignificant, but far from the worst we've seen.

See our latest analysis for RCM Technologies

RCM Technologies Insider Transactions Over The Last Year

Notably, that recent sale by Leon Kopyt is the biggest insider sale of RCM Technologies shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$5.25. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Over the last year, we can see that insiders have bought 1.10m shares worth US$1.3m. But insiders sold 184.69k shares worth US$1.1m. Overall, RCM Technologies insiders were net buyers during the last year. 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!

RCM Technologies is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does RCM Technologies 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. It appears that RCM Technologies insiders own 27% of the company, worth about US$17m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About RCM Technologies Insiders?

An insider hasn't bought RCM Technologies stock in the last three months, but there was some selling. On the other hand, the insider transactions over the last year are encouraging. And insiders do own shares. So we're not overly bothered by recent selling. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 4 warning signs for RCM Technologies and we suggest you have a look.

But note: RCM Technologies 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, but not derivative transactions.

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