Key Points
- Insider sale: President Andrew Ross Camden sold 9,625 shares on March 16 at an average price of $18.57 for ~$178,736, leaving him with 356,375 shares (a 2.63% reduction in his stake).
- Stock snapshot: UMAC opened at $20.91, trades in a 1‑year range of $4.45–$23.38, has a market cap of ~$813.2M and a negative P/E of -24.89, with very high volatility (beta 22.23).
- Analyst and institutional interest: The consensus rating is "Buy" with an average target of $20.00, and several institutions (including Geode and others) have recently added to or initiated positions in the stock.
Unusual Machines, Inc. (NYSEAMERICAN:UMAC - Get Free Report) Director Sanford Rich sold 980 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $20.20, for a total transaction of $19,796.00. Following the sale, the director directly owned 205,925 shares of the company's stock, valued at approximately $4,159,685. This represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Sanford Rich also recently made the following trade(s):
- On Monday, December 29th, Sanford Rich sold 11,087 shares of Unusual Machines stock. The stock was sold at an average price of $1.99, for a total transaction of $22,063.13.
Unusual Machines Stock Performance
NYSEAMERICAN UMAC opened at $20.91 on Wednesday. Unusual Machines, Inc. has a 1 year low of $4.45 and a 1 year high of $23.38. The business's fifty day moving average is $15.31 and its two-hundred day moving average is $13.01. The stock has a market capitalization of $813.19 million, a P/E ratio of -24.89 and a beta of 22.23.
Institutional Trading of Unusual Machines
A number of hedge funds have recently modified their holdings of UMAC. Ameritas Advisory Services LLC acquired a new stake in shares of Unusual Machines in the third quarter worth $38,000. Wexford Capital LP acquired a new position in Unusual Machines during the third quarter valued at $40,000. Jones Financial Companies Lllp raised its position in Unusual Machines by 67.7% during the third quarter. Jones Financial Companies Lllp now owns 3,017 shares of the company's stock valued at $46,000 after buying an additional 1,218 shares during the period. Global Retirement Partners LLC purchased a new stake in Unusual Machines in the 3rd quarter worth about $76,000. Finally, Ankerstar Wealth LLC purchased a new stake in Unusual Machines in the 4th quarter worth about $64,000.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on UMAC shares. JonesTrading assumed coverage on Unusual Machines in a research report on Monday, December 1st. They issued a "buy" rating and a $20.00 price target for the company. Needham & Company LLC reissued a "buy" rating and issued a $20.00 target price on shares of Unusual Machines in a research report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Unusual Machines currently has an average rating of "Buy" and an average price target of $20.00.
Read Our Latest Stock Analysis on UMAC
Key Stories Impacting Unusual Machines
Here are the key news stories impacting Unusual Machines this week:
- Positive Sentiment: Analysts and coverage are constructive — Needham reaffirmed a "buy" and JonesTrading initiated coverage with a "buy" and ~$20 target, supporting demand from retail and institutional buyers. MarketBeat UMAC coverage
- Positive Sentiment: Institutional accumulation in recent periods (Geode, Jump Financial, Connective Capital among others) signals growing institutional interest that can lift the share price as liquidity and visibility increase. Institutional ownership details
- Positive Sentiment: Technical/price context is bullish — the stock is trading above its 50‑day ($15.31) and 200‑day ($13.01) averages and is near its 12‑month high, which can attract momentum traders. Price performance
- Neutral Sentiment: Business profile: Unusual Machines makes ultra‑low latency video goggles and operates a drone-focused marketplace — a niche with upside but still early-stage economics and a negative P/E. Company profile
- Negative Sentiment: Multiple insider sales were disclosed (President Andrew Ross Camden, CFO Brian Hoff, CRO Stacy Wright and a director), totaling several tens of thousands of shares sold at ~\$18.57–\$20.20; while insiders still hold large stakes, clustered insider selling can weigh on sentiment. See filings: President sale / insider summary and SEC filings for the CFO, CRO and director. InsiderTrades alert CFO SEC filing
Unusual Machines Company Profile
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Get Free Report)
Unusual Machines, Inc designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It operates a drone-focused e-commerce marketplace. The company serves drone pilots, hobbyists, and recreational services. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc in July 2022. Unusual Machines, Inc was incorporated in 2019 and is based in Orlando, Florida.
See Also
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