Key Points
- SEALSQ CFO John Charles O'hara sold 10,000 shares on April 20 at an average price of $2.79 under a pre-arranged Rule 10b5-1 plan, leaving him with 316,095 shares (a 3.07% reduction).
- The April sale is one of several 10,000-share disposals by O'hara in March–April; LAES trades near $3.06 (50‑day MA $3.23, 200‑day MA $4.28) and carries a consensus analyst rating of Hold with a $6 target.
SEALSQ Corp. (NASDAQ:LAES - Get Free Report) CFO John Charles O'hara sold 10,000 shares of the stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $2.79, for a total transaction of $27,900.00. Following the completion of the sale, the chief financial officer owned 316,095 shares of the company's stock, valued at approximately $881,905.05. This represents a 3.07% decrease in their position. 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 16th, John Charles O'hara sold 10,000 shares of SEALSQ stock. The shares were sold at an average price of $2.69, for a total transaction of $26,900.00.
- 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $30,200.00.
SEALSQ Stock Performance
LAES opened at $3.06 on Thursday. The firm has a 50-day moving average of $3.23 and a 200 day moving average of $4.28. SEALSQ Corp. has a fifty-two week low of $1.99 and a fifty-two week high of $8.71.
SEALSQ (NASDAQ:LAES - Get Free Report) last posted its quarterly earnings results on Monday, March 16th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $6.71 million for the quarter. On average, equities analysts forecast that SEALSQ Corp. will post -0.17 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
LAES has been the subject of several research reports. Cantor Fitzgerald reduced their price target on shares of SEALSQ from $7.00 to $4.00 and set an "overweight" rating for the company in a research report on Thursday, April 2nd. Wall Street Zen lowered shares of SEALSQ from a "hold" rating to a "sell" rating in a research report on Saturday, April 4th. Weiss Ratings restated a "sell (e+)" rating on shares of SEALSQ in a research report on Friday, January 9th. Finally, Maxim Group set a $8.00 price target on shares of SEALSQ in a research report on Thursday, January 15th. One equities research 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. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $6.00.
View Our Latest Stock Report on SEALSQ
Institutional Investors Weigh In On SEALSQ
Institutional investors have recently added to or reduced their stakes in the business. Counterpoint Mutual Funds LLC purchased a new stake in SEALSQ during the third quarter valued at about $502,000. Tudor Investment Corp ET AL purchased a new stake in SEALSQ during the third quarter valued at about $955,000. True Vision MN LLC purchased a new stake in SEALSQ during the fourth quarter valued at about $94,000. Caitong International Asset Management Co. Ltd lifted its holdings in SEALSQ by 276.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 28,701 shares of the company's stock valued at $107,000 after purchasing an additional 21,067 shares during the last quarter. Finally, Convergence Financial LLC purchased a new stake in SEALSQ during the third quarter valued at about $41,000. 1.25% of the stock is owned by hedge funds and other 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.
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