Bullish AirSculpt Technologies Insiders Rewarded As Their Investment Rises To US$3.87m

Last week, AirSculpt Technologies, Inc. (NASDAQ:AIRS) insiders, who had purchased shares in the previous 12 months were rewarded handsomely. The shares increased by 14% last week, resulting in a US$41m increase in the company's market worth, implying a 95% gain on their initial purchase. Put another way, the original US$1.99m acquisition is now worth US$3.87m.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

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The Last 12 Months Of Insider Transactions At AirSculpt Technologies

In the last twelve months, the biggest single purchase by an insider was when insider Jorey Chernett bought US$257k worth of shares at a price of US$2.43 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$4.78. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Jorey Chernett bought 810.15k shares over the last 12 months at an average price of US$2.45. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

View our latest analysis for AirSculpt Technologies

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does AirSculpt Technologies Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. AirSculpt Technologies insiders own about US$105m worth of shares (which is 34% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About AirSculpt Technologies Insiders?

The fact that there have been no AirSculpt Technologies insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. Judging from their transactions, and high insider ownership, AirSculpt Technologies insiders feel good about the company's future. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - AirSculpt Technologies has 2 warning signs we think you should be aware of.

But note: AirSculpt Technologies may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.