Key Points
- Insider sale: Moreira Andreas Feuardent sold 10,000 shares on April 7 at an average price of $2.31 under a pre-arranged Rule 10b5-1 plan, netting $23,100, as disclosed on a Form 4 filing with the SEC.
- Price and ownership snapshot: LAES opened at $2.14 (50-day SMA $3.51, 200-day SMA $4.38) with a 12‑month range of $2.11–$8.71, and only about 1.25% of the stock is held by institutional investors.
- Analyst sentiment: Coverage is mixed with a MarketBeat consensus of "Hold" and a $6.00 target, amid recent downgrades and price-target cuts (e.g., Cantor Fitzgerald lowered its target to $4; Wall Street Zen moved to "sell").
SEALSQ Corp. (NASDAQ:LAES - Get Free Report) insider Moreira Andreas Feuardent sold 10,000 shares of the company's stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $2.31, for a total value of $23,100.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
SEALSQ Trading Up 0.9%
NASDAQ LAES opened at $2.14 on Thursday. The stock has a 50-day simple moving average of $3.51 and a 200 day simple moving average of $4.38. SEALSQ Corp. has a 12 month low of $2.11 and a 12 month high of $8.71.
Analyst Upgrades and Downgrades
LAES has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a "sell (e+)" rating on shares of SEALSQ in a report on Friday, January 9th. Wall Street Zen downgraded SEALSQ from a "hold" rating to a "sell" rating in a report on Saturday, April 4th. Cantor Fitzgerald dropped their price objective on SEALSQ from $7.00 to $4.00 and set an "overweight" rating for the company in a report on Thursday, April 2nd. Zacks Research upgraded SEALSQ to a "hold" rating in a report on Friday, December 19th. Finally, Maxim Group set a $8.00 price objective on SEALSQ in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $6.00.
Get Our Latest Stock Analysis on LAES
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the company. Blue Trust Inc. bought a new position in shares of SEALSQ during the fourth quarter worth about $26,000. Wells Fargo & Company MN bought a new position in shares of SEALSQ during the fourth quarter worth about $27,000. IFP Advisors Inc grew its holdings in shares of SEALSQ by 51.7% during the fourth quarter. IFP Advisors Inc now owns 8,645 shares of the company's stock worth $33,000 after buying an additional 2,945 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of SEALSQ by 172.2% during the fourth quarter. Farther Finance Advisors LLC now owns 9,435 shares of the company's stock worth $36,000 after buying an additional 5,969 shares in the last quarter. Finally, DKM Wealth Management Inc. bought a new position in shares of SEALSQ during the third quarter worth about $37,000. 1.25% of the stock is currently owned by institutional investors.
About SEALSQ
(
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.
Further Reading
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