10 Stocks With At Least $20 Million In Insider Sales Recently

8. Redwire Corporation (NYSE:RDW)

Highest Individual Sale: $26,890,059.00

Number of Sales Above $20 million: 1

Market Capitalization: $822.45 million

Redwire is a provider of space infrastructure solutions for both government and commercial clients across the globe. The Jacksonville, Florida-headquartered company’s offering includes star trackers, sun sensors, camera systems, solar array solutions for spacecraft and more. Recently, Redwire confirmed it was awarded a study contract by the European Space Agency (ESA) to conceptualize a spacecraft platform that could be delivered to Mars as a part of the ESA LightShip initiative.

The company’s recent news includes the announcement that its Sentinel camera technology, called SentinelCam, will be launched aboard Intuitive Machines’ Nova-C lunar lander on the company’s second mission to the Moon (IM-2). Redwire provided Terrain Relative Navigation and Hazard Detection and Avoidance cameras from its Sentinel product line. These cameras will help the lander navigate and safely land on the Moon.

On February 25, one insider sold $26.9 million worth of Redwire shares at a price of $11.5 per share. Currently, the stock is trading at $12.36, having declined 24.91% year to date. Over the past 12 months, the stock returned 303.92% to its investors.

Mad Money host, Jim Cramer, recently commented on the stock, saying “Well, okay, so Redwire is part of a company, it’s, it does space work, and Professor Ben Stoto, who works with me, we both are kind of skeptical of space stuff and I think we just have to kind of hold off. That said, we’ve done some work on this and I’m not gonna say that we’re thrilled… It’s not necessarily one of our favorite stocks, Redwire. I think that we’re gonna have to hold off.”

Data from MarketBeat reveals that six analysts have an average “Buy” rating on Redwire stocks, with a price target of $18.04.