Thrive Tribe Technologies Insiders Profit Nicely Selling at AU$0.003

January 18, 2025 01:31 PM AEDT | By Team Kalkine Media

Thrive Tribe Technologies Insiders Profit Nicely Selling at AU$0.003 — Image source: Shutterstock

Recent Insider Transactions

Over the past 12 months, the most notable insider transaction was conducted by Amarandhar Kotha, who sold shares worth AU$98k at a price of AU$0.003 each. The current market price of these shares is marginally higher, at AU$0.004. This transaction, indicative of insider sentiment at the time, represented 100% of Kotha's holdings. It’s interesting to note that while Kotha was the most significant seller, he was also the biggest buyer, having acquired shares worth AU$93k.

Insider Sales in the Recent Quarter

In the past three months, there has been noteworthy insider selling activity. Amarandhar Kotha disposed of shares worth AU$98k, with no recorded acquisitions during this period. Such actions from insiders can sometimes be viewed cautiously, though they are not the only metric to consider.

Insider Ownership

Insiders hold 30% of Thrive Tribe Technologies, valued at approximately AU$845k. This level of ownership generally suggests alignment between the company's leadership and minority shareholders, which can be reassuring to investors.

Outlook on Insider Transactions

While recent insider sales may raise caution, the overall scenario includes both risks and alignment with shareholder interests. A detailed review of insider activities can provide useful insights, but broader considerations are also essential. Thrive Tribe Technologies does face certain risks, with five warning signs recently identified, four of which are concerning.

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