Stock Analysis

Insiders Who Sold Vicarious Surgical Missed Out On 15% Stock Increase

NYSE:RBOT
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Although Vicarious Surgical Inc. (NYSE:RBOT) shareholders have enjoyed a great week with the stock up 15%, insiders who sold stock over the past year haven't fared as well. Had they waited, they might have been able to sell their stock at much higher prices and thereby received a better value 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.

Check out our latest analysis for Vicarious Surgical

Vicarious Surgical Insider Transactions Over The Last Year

The Co-Founder, Adam Sachs, made the biggest insider sale in the last 12 months. That single transaction was for US$54k worth of shares at a price of US$2.24 each. While we don't usually like to see insider selling, it's more concerning if the sales take place 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$0.30. So it is hard to draw any strong conclusion from it.

All up, insiders sold more shares in Vicarious Surgical than they bought, over 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!

insider-trading-volume
NYSE:RBOT Insider Trading Volume May 3rd 2024

I will like Vicarious Surgical better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Vicarious Surgical Insiders Are Selling The Stock

We have seen a bit of insider selling at Vicarious Surgical, over the last three months. Insiders divested only US$36k worth of shares in that time. Neither the lack of buying nor the presence of selling is heartening. But the amount sold isn't enough for us to put any weight on it.

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. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 14% of Vicarious Surgical shares, worth about US$6.9m, according to our data. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We do generally prefer see higher levels of insider ownership.

So What Do The Vicarious Surgical Insider Transactions Indicate?

Our data shows a little more insider selling, but no insider buying, in the last three months. But the sales were small, so we're not concerned. Recent sales exacerbate our caution arising from analysis of Vicarious Surgical insider transactions. We also note that, as far as we can see, insider ownership is fairly low, compared to other companies. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To help with this, we've discovered 6 warning signs (3 are a bit concerning!) that you ought to be aware of before buying any shares in Vicarious Surgical.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.