Recent insider trends for Origin Agritech Limited (NASDAQ:SEED) have caught the attention of investors. Insider activity is often a strong indicator of future performance in a stock, and if the data on SEED is anything to go by, investors should pay attention.
Institutions own 02.47% of Origin Agritech Limited (SEED)’s shares. The total value of these holdings, in millions, is $1. Among active positions in the latest quarter, 6 holders increased their positions by a total of 164455 shares, 7 holders decreased the positions by a total of 48048 shares, and 4 holders held their positions. This works out to a net increase in ownership of 116407 shares, and suggests that institutions are feeling bullish about the stock.
Among new and sold out positions, 2 holders initiated new positions by a total of 73251 shares and 2 holders exited their positions by a total of 10884 shares. This nets out to an increase of 62367 shares and is a bullish sign for SEED.
Insider ownership increased by a total of 0 shares, which suggests that SEED’s key executives are feeling more optimistic about the outlook for the stock. The data from the past twelve months tells a similar story: ownership increased by a net of 0 shares.
The analysis of insider buying and selling trends can be extended to the aggregate level. Short interest, which represents the number of a stock’s shares currently being shorted, captures what the market as a whole feels about a stock. Origin Agritech Limited (NASDAQ:SEED)’s short interest is 69900 shares, or 0.41% of the float. This represents an increase of 63% 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.
Insider data can help an investor form an outlook on a stock, but it’s important to supplement this data with other information such as technical indicators to form a more complete view. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that SEED is a hold, which implies that SEED is expected to perform in line with 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 Origin Agritech Limited (NASDAQ:SEED) is fairly valued.