Key Points
- CFO John Charles O'hara sold 10,000 shares on April 16 at an average price of $2.69 under a pre-arranged Rule 10b5-1 plan, leaving him with 336,095 shares (a 2.89% decline); this sale is part of a recent sequence of insider disposals totaling about 70,000 shares since March 19.
- SEALSQ opened at $2.70 and is trading well below its longer-term averages (50‑day SMA $3.29, 200‑day SMA $4.31) with a 52‑week range of $1.99–$8.71, signaling recent weakness in the stock.
- Analyst sentiment is mixed: the consensus target is about $6, but several firms have lowered views recently (Cantor Fitzgerald cut its target to $4 and Wall Street Zen downgraded to "sell").
SEALSQ Corp. (NASDAQ:LAES - Get Free Report) CFO John Charles O'hara sold 10,000 shares of the business's stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $2.69, for a total value of $26,900.00. Following the sale, the chief financial officer directly owned 336,095 shares of the company's stock, valued at $904,095.55. This represents a 2.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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 Wednesday, April 8th, John Charles O'hara sold 10,000 shares of SEALSQ stock. The shares were 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 shares were 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 shares were 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.
- On Thursday, March 19th, John Charles O'hara sold 10,000 shares of SEALSQ stock. The shares were sold at an average price of $3.02, for a total value of $30,200.00.
SEALSQ Stock Performance
Shares of SEALSQ stock opened at $2.70 on Friday. The stock's 50-day simple moving average is $3.29 and its 200-day simple moving average is $4.31. SEALSQ Corp. has a 52 week low of $1.99 and a 52 week high of $8.71.
SEALSQ (NASDAQ:LAES - Get Free Report) last announced its quarterly earnings data on Monday, March 16th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $6.71 million during the quarter.
Institutional Investors Weigh In On SEALSQ
A number of hedge funds have recently made changes to their positions in the company. IFP Advisors Inc lifted its position in shares of SEALSQ by 51.7% in 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. Engineers Gate Manager LP raised its position in SEALSQ by 4.8% during the fourth quarter. Engineers Gate Manager LP now owns 65,065 shares of the company's stock valued at $246,000 after purchasing an additional 2,968 shares during the period. Convergence Financial LLC raised its position in SEALSQ by 28.9% during the fourth quarter. Convergence Financial LLC now owns 14,216 shares of the company's stock valued at $54,000 after purchasing an additional 3,189 shares during the period. Farther Finance Advisors LLC raised its position in SEALSQ by 172.2% during the fourth quarter. Farther Finance Advisors LLC now owns 9,435 shares of the company's stock valued at $36,000 after purchasing an additional 5,969 shares during the period. Finally, Vident Advisory LLC raised its position in SEALSQ by 2.6% during the fourth quarter. Vident Advisory LLC now owns 270,915 shares of the company's stock valued at $1,024,000 after purchasing an additional 6,801 shares during the period. 1.25% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the company. Cantor Fitzgerald lowered their price objective on SEALSQ from $7.00 to $4.00 and set an "overweight" rating on the stock in a research report on Thursday, April 2nd. Maxim Group set a $8.00 price objective on SEALSQ in a research report on Thursday, January 15th. Wall Street Zen downgraded SEALSQ from a "hold" rating to a "sell" rating in a research report on Saturday, April 4th. Zacks Research upgraded SEALSQ to a "hold" rating in a research report on Friday, December 19th. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of SEALSQ in a research report on Friday, January 9th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $6.00.
View Our Latest Stock Analysis on LAES
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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