Finance

Are Helios and Matheson Analytics Inc. (HMNY)’s Recent Ownership and Insider Trends a Sign of Things to Come?

Recent insider trends for Helios and Matheson Analytics Inc. (NASDAQ:HMNY) have caught the attention of investors. Insider activity is often a strong indicator of future performance in a stock, and if the data on HMNY is anything to go by, investors should pay attention.

Institutions own 01.56% of Helios and Matheson Analytics Inc. (HMNY)’s shares. The total value of these holdings, in millions, is $2. Among active positions in the latest quarter, 7 holders increased their positions by a total of 117042 shares, 4 holders decreased the positions by a total of 42133 shares, and 2 holders held their positions. This works out to a net increase in ownership of 74909 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 79644 shares and 2 holders exited their positions by a total of 39098 shares. This nets out to an increase of 40546 shares and is a bullish sign for HMNY.

In the last three months, insiders executed a total of 3 trades. 2 of these were buys and 1 were sells. Insider ownership increased by a total of 830000 shares, which suggests that HMNY’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 5 buys and 1 sells, and ownership increased by a net of 1.58 million shares.



Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. Helios and Matheson Analytics Inc. (NASDAQ:HMNY)’s short interest is 3.18 million shares, or % of the float. This represents an increase of 78% 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.

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 HMNY. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that HMNY is a sell, which implies that HMNY is expected to underperform 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 Helios and Matheson Analytics Inc. (NASDAQ:HMNY) is overvalued.

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