SEALSQ (NASDAQ:LAES) CFO Sells $16,411.50 in Stock

SEALSQ Corp. (NASDAQ:LAESGet Free Report) CFO John Charles O’hara sold 4,689 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $3.50, for a total value of $16,411.50. Following the sale, the chief financial officer owned 276,156 shares in the company, valued at approximately $966,546. This trade represents a 1.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Charles O’hara also recently made the following trade(s):

  • On Friday, May 29th, John Charles O’hara sold 10,000 shares of SEALSQ stock. The stock was sold at an average price of $3.51, for a total value of $35,100.00.
  • On Friday, April 24th, John Charles O’hara sold 5,250 shares of SEALSQ stock. The stock was sold at an average price of $2.91, for a total value of $15,277.50.
  • On Wednesday, April 22nd, John Charles O’hara sold 10,000 shares of SEALSQ stock. The stock was sold at an average price of $3.06, for a total value of $30,600.00.
  • On Monday, April 20th, John Charles O’hara sold 10,000 shares of SEALSQ stock. The stock was sold at an average price of $2.79, for a total value of $27,900.00.
  • On Thursday, April 16th, John Charles O’hara sold 10,000 shares of SEALSQ stock. The stock was sold at an average price of $2.69, for a total value of $26,900.00.
  • On Wednesday, April 8th, John Charles O’hara sold 10,000 shares of SEALSQ stock. The stock was sold at an average price of $2.20, for a total value of $22,000.00.
  • On Monday, April 6th, John Charles O’hara sold 10,000 shares of SEALSQ stock. The stock was sold at an average price of $2.42, for a total value of $24,200.00.
  • On Thursday, April 2nd, John Charles O’hara sold 10,000 shares of SEALSQ stock. The stock was sold at an average price of $2.45, for a total value of $24,500.00.
  • On Wednesday, March 25th, John Charles O’hara sold 10,000 shares of SEALSQ stock. The shares were sold at an average price of $2.92, for a total value of $29,200.00.
  • On Monday, March 23rd, John Charles O’hara sold 10,000 shares of SEALSQ stock. The shares were sold at an average price of $2.99, for a total value of $29,900.00.

SEALSQ Stock Performance

Shares of LAES stock opened at $3.48 on Monday. The business’s 50 day simple moving average is $2.83 and its 200 day simple moving average is $3.72. SEALSQ Corp. has a one year low of $1.99 and a one year high of $8.71.

SEALSQ (NASDAQ:LAESGet Free Report) last announced its earnings results on Monday, March 16th. The company reported ($0.04) EPS for the quarter. The company had revenue of $6.71 million during the quarter. As a group, equities analysts anticipate that SEALSQ Corp. will post -0.17 EPS for the current year.

Wall Street Analyst Weigh In

LAES has been the topic of several recent analyst reports. Wall Street Zen lowered SEALSQ from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. Cantor Fitzgerald dropped their price target on SEALSQ from $7.00 to $4.00 and set an “overweight” rating on the stock in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $6.00.

View Our Latest Stock Report on SEALSQ

Institutional Investors Weigh In On SEALSQ

Several institutional investors have recently bought and sold shares of LAES. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in SEALSQ during the first quarter worth $1,365,000. Geode Capital Management LLC grew its holdings in SEALSQ by 383.5% during the second quarter. Geode Capital Management LLC now owns 62,449 shares of the company’s stock worth $252,000 after buying an additional 49,534 shares in the last quarter. WINTON GROUP Ltd bought a new stake in SEALSQ during the second quarter worth $76,000. Engineers Gate Manager LP bought a new position in SEALSQ in the 2nd quarter valued at $47,000. Finally, Headlands Technologies LLC bought a new position in SEALSQ in the 2nd quarter valued at $77,000. Institutional investors own 1.25% of the company’s stock.

SEALSQ Company Profile

(Get Free Report)

SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductor chips in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, secure arm platform, and smart card reader chips; identity provisioning services, such as IoT device provisioning and chip provisioning; and managed PKI for IoT solutions and trust services. The company provides device-to-cloud authentication, device attestation for matter, GSMA root certificate, device-to-device authentication, data protection, anti-counterfeiting and brand protection, security access, device ID provisioning, identity lifecycle management, and satellite IoT connectivity solutions.

See Also

Insider Buying and Selling by Quarter for SEALSQ (NASDAQ:LAES)

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