Latest news with #DavidMorton
Yahoo
13-05-2025
- Business
- Yahoo
Manufacturing event at Eastern States Exposition in West Springfield
WEST SPRINGFIELD, Mass. (WWLP) – The first day of a manufacturing event at the Eastern States Exposition began on Tuesday. The Manufacturing Technology Series EAST, formerly EASTEC, is back starting Tuesday at the Eastern States Exposition, taking over four buildings on the grounds. Over 500 exhibitors are sharing their companies and the work they do, some traveling from across the country and world, but others right here in western Massachusetts and New England. Chance for scattered showers through Saturday as western Mass. approaches record May rainfall Anything from precision manufacturing with robots to environmental efficiency to tooling and software for computer engineering. Group director of the Manufacturing Technology Series of Events, David Morton told 22News that this event is a snapshot of the marketplace at this moment and shows the health of the industry. 'This is our platform that we provide to represent the best of manufacturing technology to help spur technology adoption of manufacturing and encourage the talent development for the use of manufacturing technology, so we are about building workforce,' Morton said. There is also a program with SME called BrightMinds, which brings high school students to learn and network with industry leaders. 22News was told that students from throughout western Massachusetts were on a treasure hunt throughout the four buildings and those who complete the hunt win a 3D printer. SME and the Manufacturing Technology Series are helping to further the workforce, and the event continues until Thursday. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
21-02-2025
- Business
- Yahoo
Favourable Signals For RocketDNA: Numerous Insiders Acquired Stock
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in RocketDNA Ltd.'s (ASX:RKT) instance, it's good news for shareholders. Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. View our latest analysis for RocketDNA The insider Michael Spencer made the biggest insider purchase in the last 12 months. That single transaction was for AU$317k worth of shares at a price of AU$0.011 each. That implies that an insider found the current price of AU$0.012 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for RocketDNA share holders is that insiders were buying at near the current price. RocketDNA insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction! RocketDNA is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. We saw some RocketDNA insider buying shares in the last three months. Independent Non-Executive Director David Morton shelled out AU$30k for shares in that time. It's great to see that insiders are only buying, not selling. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor. I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data indicates that RocketDNA insiders own about AU$1.6m worth of shares (which is 15% of the company). However, it's possible that insiders might have an indirect interest through a more complex structure. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing! Our data shows a little insider buying, but no selling, in the last three months. Overall the buying isn't worth writing home about. But insiders have shown more of an appetite for the stock, over the last year. While we have no worries about the insider transactions, we'd be more comfortable if they owned more RocketDNA stock. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Every company has risks, and we've spotted 5 warning signs for RocketDNA (of which 3 are potentially serious!) you should know about. Of course RocketDNA 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. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
