Have Sera Prognostics Insiders Been Selling Stock?

We note that the Sera Prognostics, Inc. (NASDAQ:SERA) President, Evguenia Lindgardt, recently sold US$88k worth of stock for US$7.32 per share. However we note that the sale only shrunk their holding by 8.4%.

See our latest analysis for Sera Prognostics

The Last 12 Months Of Insider Transactions At Sera Prognostics

Notably, that recent sale by President Evguenia Lindgardt was not the only time they sold Sera Prognostics shares this year. They previously made an even bigger sale of -US$364k worth of shares at a price of US$9.37 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$6.44. So it may not shed much light on insider confidence at current levels.

In the last year Sera Prognostics insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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 Sera Prognostics 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. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that Sera Prognostics insiders own about US$8.5m worth of shares (which is 3.6% of the company). We do generally prefer see higher levels of insider ownership.

So What Does This Data Suggest About Sera Prognostics Insiders?

Insiders sold Sera Prognostics shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. When you consider that most companies have higher levels of insider ownership, we're a little wary. So we'd only buy after very careful consideration. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example, Sera Prognostics has 6 warning signs (and 2 which are significant) we think you should know about.

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.