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