Red Cat Holdings Director Sells Shares Worth $552,500
Nicholas Reyland Liuzza Jr., a director at Red Cat Holdings (NASDAQ:RCAT), sold 65,000 shares of the company's common stock on August 28, 2026. The transaction was valued at $552,500 based on an average sale price of $8.50 per share. Following this disposal, Liuzza retained a holding of approximately 424,874 shares, representing about 0.2% ownership in the company with a post-transaction value of roughly $3.6 million as of August 31 market close. Red Cat Holdings operates within the drone industry and provides unmanned aerial vehicle technology for commercial and government sectors. The firm reported a trailing twelve-month revenue of $71.5 million but also recorded a net loss of $97.4 million during that period, with a current stock price of $8.59 as of market close on August 31. Despite the recent share sale by an insider and a slight decline in Red Cat's stock over the past year (down 5.3%), analysts remain optimistic about its future performance. All nine covering analysts currently rate RCAT as a 'buy,' with a median price target of $15 for the next twelve months.
Tickers: $RCAT