Duos Technologies Group Drops To US$6.57, Yet Insiders May Have Sold Too Early

Even though Duos Technologies Group, Inc. (NASDAQ:DUOT) has fallen by 18% over the past week , insiders who sold US$82k worth of stock over the past year have had less luck. Given that the average selling price of US$7.78 is still lower than the current share price, insiders would probably have been better off keeping their shares.

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.

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The Last 12 Months Of Insider Transactions At Duos Technologies Group

In the last twelve months, the biggest single sale by an insider was when the Chief Financial Officer, Adrian Goldfarb, sold US$72k worth of shares at a price of US$7.77 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$6.57). So it is hard to draw any strong conclusion from it. Adrian Goldfarb was the only individual insider to sell shares in the last twelve months.

Adrian Goldfarb sold a total of 10.59k shares over the year at an average price of US$7.78. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Duos Technologies Group

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Duos Technologies Group Insiders Are Selling The Stock

The last three months saw significant insider selling at Duos Technologies Group. In total, Chief Financial Officer Adrian Goldfarb sold US$82k worth of shares in that time, and we didn't record any purchases whatsoever. This may suggest that some insiders think that the shares are not cheap.

Insider Ownership Of Duos Technologies Group

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 18% of Duos Technologies Group shares, worth about US$22m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Duos Technologies Group Tell Us?

An insider hasn't bought Duos Technologies Group stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. Insiders own shares, but we're still pretty cautious, given the history of sales. We're in no rush to buy! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Duos Technologies Group. When we did our research, we found 4 warning signs for Duos Technologies Group (1 can't be ignored!) that we believe deserve your full attention.

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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.