Insiders Sold US$2.6m Of Pacific Biosciences of California Stock Possibly Sending Warning Sign

Simply Wall St.09-13

Pacific Biosciences of California, Inc.'s (NASDAQ:PACB) stock rose 29% last week, but insiders who sold US$2.6m worth of stock over the last year are probably in a more advantageous position. Selling...

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Selling...</p>\n\n<a href=\"https://simplywall.st/stocks/us/pharmaceuticals-biotech/nasdaq-pacb/pacific-biosciences-of-california/news/insiders-sold-us26m-of-pacific-biosciences-of-california-sto\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Insiders Sold US$2.6m Of Pacific Biosciences of California Stock Possibly Sending Warning Sign</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInsiders Sold US$2.6m Of Pacific Biosciences of California Stock Possibly Sending Warning Sign\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-13 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/pharmaceuticals-biotech/nasdaq-pacb/pacific-biosciences-of-california/news/insiders-sold-us26m-of-pacific-biosciences-of-california-sto><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pacific Biosciences of California, Inc.'s (NASDAQ:PACB) stock rose 29% last week, but insiders who sold US$2.6m worth of stock over the last year are probably in a more advantageous position.  Selling...</p>\n\n<a href=\"https://simplywall.st/stocks/us/pharmaceuticals-biotech/nasdaq-pacb/pacific-biosciences-of-california/news/insiders-sold-us26m-of-pacific-biosciences-of-california-sto\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://simplywall.st/stocks/us/pharmaceuticals-biotech/nasdaq-pacb/pacific-biosciences-of-california/news/insiders-sold-us26m-of-pacific-biosciences-of-california-sto","article_id":"2467704457","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/9551728-choice2-main-header/1585186774276"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2467704457","pubTimestamp":1726232442,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Pacific Biosciences of California, Inc.'s (NASDAQ:PACB) stock rose 29% last week, but insiders who sold US$2.6m worth...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4121":"生命科学工具和服务","BK4588":"碎股","PACB":"Pacific Biosciences of Californi"},"translate_title":"内部人士向美国出售了价值260万美元的加州太平洋生物科学公司股票，这可能发出警告信号","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PACB":1},"content_text":"Pacific Biosciences of California, Inc.'s (NASDAQ:PACB) stock rose 29% last week, but insiders who sold US$2.6m worth of stock over the last year are probably in a more advantageous position.  Selling at an average price of US$6.37, which is higher than the current price might have been the right call as holding on to stock would have meant their investment would be worth less now than it was at the time of sale.     While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing,  logic dictates you should pay some attention to whether insiders are buying or selling shares.   See our latest analysis for Pacific Biosciences of California  Pacific Biosciences of California Insider Transactions Over The Last Year   Over the last year, we can see that the biggest insider sale was by the President, Christian O. Henry, for US$980k worth of shares, at about US$10.12 per share.   While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price.  The silver lining is that this sell-down took place above the latest price (US$1.80).  So it may not shed much light on insider confidence at current levels.     In total, Pacific Biosciences of California insiders sold more than they bought over the last year.    The chart below shows insider transactions (by companies and individuals) over the last year.  If you want to know exactly who sold, for how much, and when, simply click on the graph below! NasdaqGS:PACB Insider Trading Volume September 13th 2024 For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.   Insiders At Pacific Biosciences of California Have Sold Stock Recently   The last quarter saw substantial insider selling of Pacific Biosciences of California shares.  In total,  insiders  sold US$106k worth of shares in that time, and we didn't record any purchases whatsoever.  This may suggest that some insiders think that the shares are not cheap.     Insider Ownership Of Pacific Biosciences of California  For a common shareholder, it is worth checking how many shares are held by company insiders.  I reckon it's a good sign if insiders own a significant number of shares in the company.   Based on our data, Pacific Biosciences of California insiders have about 0.6% of the stock, worth approximately US$2.6m.  I generally like to see higher levels of ownership.   So What Does This Data Suggest About Pacific Biosciences of California Insiders?  Insiders  sold stock recently, but they haven't been buying.     And our longer term analysis of insider transactions didn't bring confidence, either.    When you consider that most companies have higher levels of insider ownership, we're a little wary.  We'd certainly practice some caution before buying!      So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing.    Every company has risks, and we've spotted 4 warning signs for Pacific Biosciences of California (of which 1 is a bit unpleasant!) you should know about.    Of course Pacific Biosciences of California may not be the best stock to buy. So you may wish to see this free collection of high quality companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2467704457"}