Officer & Director Scott Bibaud Files Intent to Sell $468K in Stock
Summary
Officer and Director Scott A. Bibaud filed a Form 144 to sell 50,000 shares worth $468,295, adding to recent insider selling activity.
Key Events
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Officer/Director Intent to Sell
Scott A. Bibaud, an Officer and Director, filed a Form 144 to sell 50,000 shares of common stock.
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Significant Value
The proposed sale is valued at approximately $468,295.
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Prior Sales & Insider Trend
Bibaud previously sold 13,980 shares in the last three months, contributing to a net distribution of $-660,476 by insiders over the past 90 days.
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Acquisition via Option Exercise
The shares intended for sale were acquired through a stock option exercise on the same day as the filing.
Analysis
Scott A. Bibaud, an Officer and Director, has filed a Form 144 indicating his intent to sell 50,000 shares of common stock, valued at approximately $468,295. This follows his previous sales of 13,980 shares in the last three months and occurs amidst a broader pattern of insider selling at the company, as well as recent equity offerings by the company to raise capital.
At the time of this filing, ATOM was trading at $9.68 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $367.8M. The 52-week trading range was $1.89 to $12.37. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.