Finance

What the Insider Data Suggests About Digital Power Corporation (DPW)

Recent insider trends for Digital Power Corporation (NYSE:DPW) have caught the attention of investors. Insider activity is often a strong indicator of future performance in a stock, and if the data on DPW is anything to go by, investors should pay attention.

Institutions own 02.08% of Digital Power Corporation (DPW)’s shares. The total value of these holdings, in millions, is $1. Among active positions in the latest quarter, 5 holders increased their positions by a total of 212316 shares, 5 holders decreased the positions by a total of 275927 shares, and 3 holders held their positions. This works out to a net decrease in ownership of 63611 shares, and suggests that institutions are feeling bearish about the stock.

Among new and sold out positions, 5 holders initiated new positions by a total of 212316 shares and 3 holders exited their positions by a total of 250957 shares. This nets out to a decrease of 38641 shares and is another bearish sign for DPW.

In the last three months, insiders executed a total of 2 trades. 2 of these were buys. Insider ownership increased by a total of 275000 shares, which suggests that DPW’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 18 buys, and ownership increased by a net of 287950 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. Digital Power Corporation (NYSE:DPW)’s short interest is 705200 shares, or 12.25% of the float. This represents a decrease of -1% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks.

In light of the insider ownership and trading data it makes sense to consider technicals to see if they come to a similar conclusion about the outlook for DPW. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that DPW is a Strong buy, which implies that DPW is expected to outperform the market based on prior trading patterns.

Conclusion




Institutional ownership trends suggest that the stock is cheap and the insider trading data indicates that insiders are bullish. Technical indicators (also) suggest that Digital Power Corporation (NYSE:DPW) is undervalued.

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