We recently compiled a list of the 10 Stocks With At Least $20 Million In Insider Sales Recently. In this article, we are going to take a look at where Redwire Corporation (NYSE:RDW) stands against the other stocks. We previously covered 10 stocks with at least $10 million in insider sales recently.
The turbulent week for the U.S. stock market continues, fueled by the Trump administration’s shifting decisions on the start date for new tariffs. On Thursday, President Donald Trump signed executive actions that delay tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty for nearly one month.
“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the United States-Mexico-Canada Agreement (USMCA),” Trump wrote on Truth Social Thursday.
Mexican President Claudia Sheinbaum said that “virtually all” of Mexico’s trade with the U.S. falls under the USMCA, writes CNN Business.
So what happened with some of the major U.S. indexes? Blue-chip companies declined by 428 points or 0.99%, the broader market index lost 1.78%, while the NASDAQ entered correction, down 10.4% from its record high on December 16.
Many analysts have recently revised their U.S. stock market predictions, suggesting that achieving strong earnings in 2025 may prove more difficult. Despite this, the broader market index is still expected to finish 2024 approximately 9% higher, although this is a decrease from the initial forecast of 12.2% made in January. Key drivers for this year include increased productivity from AI adoption and expectations of lower interest rates.
Amid market fluctuations and uncertainty, insider trading often garners considerable attention. Executives and insiders, with deep insights into their companies’ strategies and outlooks, may make trades worth examining. For example, when a CEO or CFO invests their own money in company stock, it can be a strong signal of confidence in the company’s future prospects.
On the other hand, selling shares may suggest a lack of confidence from management, though this is not always the case. In some situations, large shareholders might be rebalancing their portfolios to better match their risk/reward preferences or selling for personal financial reasons. Additionally, many insiders sell shares as part of pre-arranged, automated trading plans, known as 10b5-1 plans.
Both insider buying and selling can be influenced by a range of factors, so these actions should be viewed in the context of the company’s financial health, industry trends, and overall market conditions. This underscores the importance of conducting thorough research before making investment decisions. While insider trading activity can provide valuable insights into a company’s future, it should be considered alongside other key factors to make well-informed investment choices.
Today, we’re focusing on stocks that have seen insider sales of at least $20 million since the start of the year. Using Insider Monkey’s insider trading screener, we identified stocks where at least one insider sale reached $20 million or more. While the total value of insider sales for these stocks may be higher, we focused on sales worth $20 million or more. Out of the stocks that met this criterion, we selected the 10 stocks with insider sales ranging from $20 million to $30 million, prioritizing those with the highest insider sales within this range for further analysis.
Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
For each stock, we provide details on the highest individual sale, the number of insider sales exceeding $20 million year-to-date, and the company’s current market capitalization. Let’s take a look at 10 stocks with at least $20 million in insider sales since the beginning of the year.
A close-up of an antenna, its intricate designs a testament to the company’s expertise in space infrastructure.
Redwire Corporation (NYSE:RDW)
Highest Individual Sale: $26,890,059.00
Number of Sales Above $20 million: 1
Market Capitalization: $822.45 million
Redwire Corporation (NYSE:RDW) 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 Corporation (NYSE:RDW) 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 Corporation (NYSE:RDW) stocks, with a price target of $18.04.
Overall RDW ranks 8th among the 10 stocks with at least $20 million in insider sales recently. While we acknowledge the potential of RDW as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than RDW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap
Disclosure: None. This article is originally published at Insider Monkey.
