Published on 16 Aug 2023 on Simply Wall St. via Yahoo Finance
Insider Buyers Lose Additional US$81k As CalAmp Dips To US$27m
The recent price decline of 15% in CalAmp Corp.'s (NASDAQ:CAMP) stock may have disappointed insiders who bought US$98k worth of shares at an average price of US$4.08 in the past 12 months. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only US$17k.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for CalAmp