Investors may wish to note that the CEO, President & Director of Nkarta, Inc., Paul Hastings, recently netted US$85k from selling stock, receiving an average price of US$8.74. On the bright side, that's just a small sale and only reduced their holding by 4.2%.
View our latest analysis for Nkarta
Nkarta Insider Transactions Over The Last Year
Notably, that recent sale by Paul Hastings is the biggest insider sale of Nkarta shares that we've seen in the last year. 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$7.42. So it may not tell us anything about how insiders feel about the current share price.
In the last year Nkarta insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
I will like Nkarta better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Insider Ownership Of Nkarta
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Based on our data, Nkarta insiders have about 0.6% of the stock, worth approximately US$2.3m. We prefer to see high levels of insider ownership.
So What Does This Data Suggest About Nkarta Insiders?
Insiders haven't bought Nkarta stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. When you combine this with the relatively low insider ownership, we are very cautious about the stock. So we're not rushing to buy, to say the least. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Nkarta. For instance, we've identified 5 warning signs for Nkarta (3 are significant) you should be aware of.
Of course Nkarta may not be the best stock to buy. So you may wish to see this free collection of high quality 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.