Stacy Rochelle Wright Sells 13,750 Shares of Unusual Machines (NYSEAMERICAN:UMAC) Stock

Unusual Machines, Inc. (NYSEAMERICAN:UMACGet Free Report) CRO Stacy Rochelle Wright sold 13,750 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $18.57, for a total value of $255,337.50. Following the completion of the transaction, the executive directly owned 96,250 shares in the company, valued at $1,787,362.50. This trade represents a 12.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Unusual Machines Price Performance

Shares of NYSEAMERICAN UMAC opened at $20.11 on Thursday. The company has a market capitalization of $782.08 million, a price-to-earnings ratio of -23.94 and a beta of 22.23. The business has a 50-day moving average of $15.42 and a two-hundred day moving average of $13.06. Unusual Machines, Inc. has a 1 year low of $4.45 and a 1 year high of $23.38.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on UMAC shares. JonesTrading started coverage on Unusual Machines in a research note on Monday, December 1st. They set a “buy” rating and a $20.00 target price for the company. Needham & Company LLC reiterated a “buy” rating and issued a $20.00 price target on shares of Unusual Machines in a research note on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Unusual Machines presently has a consensus rating of “Buy” and an average price target of $20.00.

View Our Latest Research Report on Unusual Machines

Key Unusual Machines News

Here are the key news stories impacting Unusual Machines this week:

  • Positive Sentiment: Analysts reaffirm/initiated coverage with buy ratings and a ~\$20 target, which can support demand and limit downside. MarketBeat UMAC coverage
  • Positive Sentiment: Institutional accumulation has increased recently (several small new stakes visible in filings), suggesting growing institutional interest and potential incremental buying pressure. Institutional ownership details
  • Positive Sentiment: Technical indicators are constructive — the stock sits above its 50‑day (~\$15.31) and 200‑day (~\$13.01) averages and close to its 12‑month high, which can attract momentum traders. Price performance
  • Neutral Sentiment: Business profile: Unusual Machines makes ultra‑low‑latency video goggles and runs a drone marketplace — niche market with upside but early‑stage economics and a negative P/E. That makes fundamentals less immediately supportive of valuation. Company profile
  • Negative Sentiment: Clustered insider selling was disclosed: President Andrew Ross Camden sold 9,625 shares (~\$18.57 avg), CFO Brian Hoff sold 11,413 shares (~\$18.59), CRO Stacy Wright sold 13,750 shares (~\$18.57), and Director Sanford Rich sold 980 shares (~\$20.20). While insiders still hold large stakes, these concurrent sales (tens of thousands of shares) can pressure sentiment and likely explain downward price movement. See filings and the InsiderTrades summary. InsiderTrades alert CFO SEC filing

Institutional Investors Weigh In On Unusual Machines

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Allworth Financial LP acquired a new position in Unusual Machines in the second quarter valued at $125,000. Geode Capital Management LLC increased its position in shares of Unusual Machines by 89.1% during the second quarter. Geode Capital Management LLC now owns 222,927 shares of the company’s stock worth $1,911,000 after purchasing an additional 105,020 shares in the last quarter. Connective Capital Management LLC acquired a new stake in shares of Unusual Machines during the second quarter worth about $636,000. Jump Financial LLC purchased a new stake in shares of Unusual Machines in the 2nd quarter valued at about $1,251,000. Finally, Bank of America Corp DE lifted its holdings in shares of Unusual Machines by 7,372.6% in the 2nd quarter. Bank of America Corp DE now owns 7,099 shares of the company’s stock valued at $61,000 after purchasing an additional 7,004 shares during the last quarter.

About Unusual Machines

(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.

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