Today it was reported that the CEO of Astrotech Corp (ASTC), Thomas Boone Pickens, exercised options to buy 866,950 ASTC shares at $2.35 a share, for a total transaction value of $2.04M.
Following this transaction Thomas Boone Pickens’ holding in the company was increased by 124.49% to a total of $5.1 million. In addition to Thomas Boone Pickens, one other ASTC executive reported Buy trades in the last month.
See today’s analyst top recommended stocks >>
Based on Astrotech Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $33K and GAAP net loss of $2.24 million. In comparison, last year the company earned revenue of $0 and had a GAAP net loss of $3.01 million. Currently, Astrotech Corp has an average volume of 26.69K.
The insider sentiment on Astrotech Corp has been positive according to 10 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Astrotech Corp. engages in the provision of innovative science and technology development and commercialization businesses. It operates through the Astro Scientific, and Astral segments. The Astro Scientific segment includes technology incubator that commercializes innovative technologies.
