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Stock impact report

Insider Purchases Worth US$750.0k See Losses As Akoustis Technologies Market Value Drops To US$12m [Yahoo! Finance]

Akoustis Technologies, Inc. (AKTS) 
NASDAQ:AMEX Investor Relations: ir.akoustis.com
Company Research Source: Yahoo! Finance
Insiders buy with the expectation to see their investments rise in value over a period of time. However, recent losses have rendered their above investment worth US$150.0k which is not ideal. 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. View our latest analysis for Akoustis Technologies The Last 12 Months Of Insider Transactions At Akoustis Technologies The Founder Jeffrey Shealy made the biggest insider purchase in the last 12 months. That single transaction was for US$655k worth of shares at a price of US$0.50 each. That means that an insider was happy to buy shares at above the current price of US$0.10. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it sugge Show less Read more
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