Key Points
- CFO John Charles O'hara sold 10,000 shares on April 6 at an average price of $2.42 under a pre-arranged Rule 10b5-1 plan, raising $24,200 and leaving him with 245,595 shares (a 3.91% ownership decrease).
- The April 6 sale was part of a run of insider disposals—five separate 10,000-share sales between March 19 and April 6, totaling 50,000 shares at prices from $3.02 down to $2.42—indicating sustained insider selling.
- LAES shares trade near their one-year low (range $2.12–$8.71) with 50‑ and 200‑day moving averages of $3.62 and $4.41, and analysts are mixed with a consensus "Hold" and an average price target of $6.00.
SEALSQ Corp. (NASDAQ:LAES - Get Free Report) CFO John Charles O'hara sold 10,000 shares of the business's stock in a transaction on Monday, April 6th. The stock was sold at an average price of $2.42, for a total value of $24,200.00. Following the transaction, the chief financial officer owned 245,595 shares in the company, valued at approximately $594,339.90. This trade represents a 3.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 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 stock was 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 stock was sold at an average price of $2.99, for a total value of $29,900.00.
- On Thursday, March 19th, John Charles O'hara sold 10,000 shares of SEALSQ stock. The stock was sold at an average price of $3.02, for a total value of $30,200.00.
SEALSQ Stock Performance
Shares of LAES stock opened at $2.38 on Tuesday. SEALSQ Corp. has a 1-year low of $2.12 and a 1-year high of $8.71. The stock's fifty day moving average price is $3.62 and its 200 day moving average price is $4.41.
Analyst Upgrades and Downgrades
LAES has been the topic of several research analyst reports. Cantor Fitzgerald dropped their target price on SEALSQ from $7.00 to $4.00 and set an "overweight" rating on the stock in a research note on Thursday, April 2nd. Zacks Research upgraded SEALSQ to a "hold" rating in a research note on Friday, December 19th. Weiss Ratings restated a "sell (e+)" rating on shares of SEALSQ in a research note on Friday, January 9th. Wall Street Zen downgraded SEALSQ from a "hold" rating to a "sell" rating in a research note on Saturday. Finally, Maxim Group set a $8.00 price target on SEALSQ in a research report on Thursday, January 15th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $6.00.
Read Our Latest Report on SEALSQ
Institutional Trading of SEALSQ
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. UBS Group AG lifted its position in SEALSQ by 398.0% during the 4th quarter. UBS Group AG now owns 3,223,216 shares of the company's stock worth $12,184,000 after acquiring an additional 2,576,003 shares during the period. Balyasny Asset Management L.P. acquired a new stake in SEALSQ during the 4th quarter worth about $3,921,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of SEALSQ by 11.4% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 584,767 shares of the company's stock valued at $2,357,000 after buying an additional 59,902 shares during the period. Millennium Management LLC lifted its holdings in shares of SEALSQ by 747.8% in the 3rd quarter. Millennium Management LLC now owns 491,523 shares of the company's stock valued at $1,838,000 after buying an additional 433,547 shares during the period. Finally, Kessler Investment Group LLC acquired a new position in shares of SEALSQ in the 4th quarter valued at about $1,287,000. Institutional investors and hedge funds 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.
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