Accuray Insiders Selling Stock?

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Someone who works at Accuray Incorporated, Sandeep Chalke, sold some of their shares in the company for $3.55 per share. They sold $93,000 worth of shares. But, they only got rid of 4.6% of their total shares.

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"Accuray's Insider Transactions In Last 12 Months"

The recent sale by Sandeep Chalke is the largest insider sale of Accuray shares in the past year. This means that an insider wanted to sell some shares even when the price was lower than the current one. When insiders sell below the current price, it is generally seen as negative because it suggests they are okay with a lower price. The selling is not a good sign, but it is not a strong signal that insiders believe the shares are overvalued. Lastly, it is important to note that the sale was only a small percentage of Chalke's shares.

No Accuray insiders bought shares in the past year. The chart displays insider transactions from both companies and individuals in the past year. If you want to see specific details about who sold, at what price and when, simply click on the image below.

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Accuray's Insider Ownership

I check how much company insiders own to see if they are on the same page. When insiders have a lot of shares, they pay more attention to what shareholders want. Insiders own 3.9% of Accuray shares, worth $14m. Other companies have bigger insider holdings, but this shows insiders are thinking like shareholders.

Inside Buying At Accuray: What It Reveals?

People who know the company well sold some of their shares recently. They did not buy any new shares in the past year. Although these insiders still have some shares, we are careful because they often sell their shares. We suggest being cautious before purchasing. It's also important to look at the risks Accuray faces. We found two warning signs that you should know about.

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In this article, insiders are people who tell the regulatory body about their transactions. We only include open market and private dispositions, not derivatives.

Accuray has both risks and opportunities. The risks include increased competition in the market, changes in regulations, and economic uncertainty. On the other hand, Accuray has the opportunity to grow its market share with new innovative products, expand into new geographic areas, and establish new partnerships. Accuray can also benefit from the increased demand for advanced cancer treatments and the aging population. Overall, Accuray needs to continue to adapt to changing market conditions and focus on innovation to stay competitive and take advantage of growth opportunities.

Accuray Inc. makes machines to treat tumors all over the world. They make machines for radiosurgery and radiation therapy.

The predicted earnings increase is 120.73% annually.

In the past five years, earnings have increased by 25.1% annually.

. Their ownership in the company has decreased. This has occurred because more shares were issued. More shares mean each share represents a smaller percentage of the company. This can reduce the value of shares for existing shareholders. Dilution can occur when a company needs to raise funds. Instead of borrowing money, it can issue more shares. This can be good for the company but not for shareholders. Companies need to balance the benefits of dilution with the potential drawbacks.

Lots of people who work in the company have been selling their shares. This has happened for the last three months. It's a big deal because insiders know lots about the company. If they're selling, it might mean the company isn't doing well. Or they might think the share price is too high. It's important for investors to keep an eye on insider selling. They might want to sell their shares too.

If you have any feedback on this article, or if you are worried about the content, you can reach out to us directly. You can also send an email to editorial-team (at) simplywallst.com.

This blog from Simply Wall St is about general topics. We discuss things based on past data and predictions from experts. We stay objective and our words aren't meant to be financial advice. We don't suggest you buy or sell any stocks without considering your goals and money situation. We want to give you analysis that focuses on the long-term and comes from important data. But we might miss news that affects the stock's value. Also, we don't have any stocks ourselves.

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