CFO Tracy G. Smith Sells $284K in Optical Cable Stock as Insider Selling Wave Continues
OCC has more than doubled off its 52-week low of $4.02 on light trading volume (0.3× avg).
Summary
Optical Cable Corp's CFO sold $284K in stock, adding to a $2.1M insider selling wave over the past 90 days despite strong Q2 results.
Key Events · Ownership and Investor Activity · OCC
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CFO Sells $284K in Open Market
EVP and CFO Tracy G. Smith sold 16,485 shares for $284,189 in two transactions on June 30 and July 9, at prices between $17.23 and $22.00.
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Part of Broader Insider Selling Wave
This sale adds to a 90-day pattern where three insiders have sold over $2.1 million in stock, with no open market purchases, signaling a distribution trend.
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Strong Q2 Results Contrast with Selling
The company reported Q2 net income of $1.1 million on 26.6% sales growth, reversing a prior-year loss, yet insiders continue to reduce positions.
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CFO Retains Significant Stake
Post-transaction, Smith holds 346,279 shares, indicating the sale is a partial liquidation rather than a complete exit.
Analysis · OCC · Manufacturing
CFO Tracy G. Smith sold $284,189 worth of Optical Cable Corp shares in two open market transactions on June 30 and July 9, at prices ranging from $17.23 to $22.00. This sale comes amid a broader pattern of insider selling at the company, with three insiders unloading over $2.1 million in stock over the past 90 days. While the company recently reported strong Q2 results with 27% sales growth and a return to profitability, the sustained insider selling—particularly by the CFO—raises questions about management's confidence in the stock's current valuation. The sale represents a modest reduction in Smith's holdings, but as a key financial officer, her decision to sell into strength may signal caution about the sustainability of recent gains.
How filings like this one have moved
In the 30 days to Aug 25, 2026, 29.6% of the 2856 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.04%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, OCC was trading at $15.75 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $139.6M. The 52-week trading range was $4.02 to $27.98. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.