Recent insider trends for Neuralstem, Inc. (NASDAQ:CUR) have caught the attention of investors. Analysts monitor insider data to understand the sentiment of a company’s largest and most important shareholders. CUR’s insider trading patterns have some implications for where the stock might be headed.
Institutions own 07.05% of Neuralstem, Inc. (CUR)’s shares. The total value of these holdings, in millions, is $3. Among active positions in the latest quarter, 12 holders increased their positions by a total of 295965 shares, 9 holders decreased the positions by a total of 118542 shares, and 11 holders held their positions. This works out to a net increase in ownership of 177423 shares, and suggests that institutions are feeling bullish about the stock.
Among new and sold out positions, 5 holders initiated new positions by a total of 128490 shares and 6 holders exited their positions by a total of 106596 shares. This nets out to an increase of 21894 shares and is a bullish sign for CUR.
Insider ownership increased by a total of 0 shares, which suggests that CUR’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 6 buys, and ownership increased by a net of 55631 shares.
Short interest, or the number of a stock’s tradable shares currently being shorted, is another metric investors use to get a pulse on sentiment. Neuralstem, Inc. (NASDAQ:CUR)’s short interest is 649300 shares, or 7.66% of the float. This represents an increase of 5% 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 CUR is a buy, which implies that CUR 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 Neuralstem, Inc. (NASDAQ:CUR) is undervalued.