Recent insider trends for Atossa Genetics Inc. (NASDAQ:ATOS) have caught the attention of investors. Insider data is useful because it can reveal what a company’s executives and largest shareholders feel about a stock. In this case, the data has some interesting things to say about how ATOS might perform in the future.
Institutions own 02.83% of Atossa Genetics Inc. (ATOS)’s shares. The total value of these holdings, in millions, is $0. Among active positions in the latest quarter, 6 holders increased their positions by a total of 384108 shares, 5 holders decreased the positions by a total of 329331 shares, and 4 holders held their positions. This works out to a net increase in ownership of 54777 shares, and suggests that institutions are feeling bullish about the stock.
Among new and sold out positions, 3 holders initiated new positions by a total of 50352 shares and 2 holders exited their positions by a total of 301806 shares. This nets out to a decrease of 251454 shares and is another bearish sign for ATOS.
Insider ownership increased by a total of 0 shares, which suggests that ATOS’s key executives are feeling more optimistic about the outlook for the stock. The data from the past twelve months tells a similar story: insiders executed 2 buys, and ownership increased by a net of 12500 shares.
Short interest is another tool that analysts use to gauge investor sentiment. It represents the number of a stock’s shares that are being shorted by investors. Atossa Genetics Inc. (NASDAQ:ATOS)’s short interest is 2.05 million shares, or % of the float. This represents an increase of 35% in the number of shares being shorted compared to the previous reading, and implies that investors felt more pessimistic about the stock during the past two weeks.
Ownership trends and trading patterns can be useful tools for predicting a stock’s performance, but it’s also important to consider the technicals in order to form a more comprehensive view. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that ATOS is a buy, which implies that ATOS is expected to outperform the market based on prior trading patterns.
Institutional ownership trends suggest that the stock is cheap and the insider trading data indicates that insiders are bullish. Technical indicators (also) suggest that Atossa Genetics Inc. (NASDAQ:ATOS) is undervalued.