Could Insider Buying Signal that AirSculpt Technologies Inc Is Undervalued?

The latest data from GuruFocus shows that CFO N/A bought 33000 shares of AirSculpt Technologies Inc (AIRS) on 2022-11-15. 0C0000C9KZ.png

When insiders buy shares of their company’s stock, it can often be a positive sign. It could signal that insiders are turning bullish on the future of their company. Insiders know far more about their company than the general public does, so it is worth paying attention to their trades. With this in mind, let’s take a look at this insider buy to see if AirSculpt Technologies Inc deserves the attention of investors.

Dennis Dean’s trades

Over the past year, Dennis Dean has purchased 0 shares in total.

This means that Dennis Dean has been buying their company’s stock over the long term. This could be a positive sign for the stock’s future.

Insider trends

Some investors may wonder whether one insider’s buys are that important. Are other insiders buying the stock as well, or are other insiders selling?

The insider transaction history for AirSculpt Technologies Inc shows than there have been 5 insiders buys in total over the past year. Meanwhile, there have been 0 insider sells over the same timeframe.

We like to see more insider buys compared to insider sells. This indicates a bullish trend among the company’s top executives and owners. The more insiders are buying, the more likely it is that the stock is undervalued.

Valuation

Shares of AirSculpt Technologies Inc were trading for $3.575 apice on the day of Dennis Dean’s recent buy. This gives the stock a market cap of $205.592 Millions.

Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.

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