Finance

Analyzing the Insider Data for RMG Networks Holding Corporation (RMGN)

Recent insider trends for RMG Networks Holding Corporation (NASDAQ:RMGN) 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 RMGN might perform in the future.

Institutions own 01.97% of RMG Networks Holding Corporation (RMGN)’s shares. The total value of these holdings, in millions, is $0. Among active positions in the latest quarter, 8 holders increased their positions by a total of 6447 shares, 5 holders decreased the positions by a total of 70580 shares, and 2 holders held their positions. This works out to a net decrease in ownership of 64133 shares, and suggests that institutions are feeling bearish about the stock.

Among new and sold out positions, 3 holders initiated new positions by a total of 3289 shares and 4 holders exited their positions by a total of 70245 shares. This nets out to a decrease of 66956 shares and is another bearish sign for RMGN.

Insider ownership increased by a total of 0 shares, which suggests that RMGN’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 11091 shares.



Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. RMG Networks Holding Corporation (NASDAQ:RMGN)’s short interest is 27000 shares, or % of the float. This represents a decrease of -20% 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.

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 RMGN is a buy, which implies that RMGN 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 RMG Networks Holding Corporation (NASDAQ:RMGN) is undervalued.

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