The VP WW Sales of Adesto Technologies (NASDAQ: IOTS) is Selling Shares

Yesterday, the VP WW Sales of Adesto Technologies (IOTSResearch Report), Thomas Spade, sold shares of IOTS for $37.93K.

In addition to Thomas Spade, 3 other IOTS executives reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Adesto Technologies’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $32.03 million and GAAP net loss of $7.57 million. In comparison, last year the company earned revenue of $21.93 million and had a GAAP net loss of $8.4 million. The company has a one-year high of $11.97 and a one-year low of $4.10. Currently, Adesto Technologies has an average volume of 305.08K.

In the last 30 days, insiders have sold $84.83K worth of IOTS shares and purchased $159.3K worth of IOTS shares. The insider sentiment on Adesto Technologies has been positive according to 70 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Thomas Spade’s trades have generated a 15.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Adesto Technologies Corp. engages in the development, manufacture, and market of non-volatile memory products. It offers DataFlash, Fusion Serial Flash, Standard Serial Flash, EcoXiP, Mavriq and Moneta. The company was founded by Narbeh Derhacobian, Ishai Naveh, and Shane Hollmer in January 2006 and is headquartered in Santa Clara, CA.