Christopher Moe Sells 20,000 Shares of Red Cat (NASDAQ:RCAT) Stock

Red Cat Holdings, Inc. (NASDAQ:RCAT) Director Christopher Moe sold 20,000 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $10.51, for a total value of $210,200.00. Following the transaction, the director owned 200,502 shares of the company’s stock, valued at $2,107,276.02. This represents a 9.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Red Cat Trading Down 0.9%

NASDAQ RCAT traded down $0.09 on Thursday, hitting $10.23. 8,020,427 shares of the company were exchanged, compared to its average volume of 9,079,188. Red Cat Holdings, Inc. has a 1-year low of $5.77 and a 1-year high of $18.78. The firm has a 50 day moving average of $9.55 and a two-hundred day moving average of $11.66. The company has a market cap of $1.26 billion, a P/E ratio of -12.63 and a beta of 1.31.

Red Cat (NASDAQ:RCAT) last issued its quarterly earnings results on Thursday, August 6th. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.05). Red Cat had a negative net margin of 136.26% and a negative return on equity of 39.64%. The company had revenue of $20.20 million during the quarter, compared to analyst estimates of $22.65 million. Research analysts anticipate that Red Cat Holdings, Inc. will post -0.78 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have weighed in on RCAT shares. Roth Capital began coverage on Red Cat in a report on Monday, June 1st. They set a “buy” rating and a $25.00 target price on the stock. Needham & Company LLC lowered their price target on Red Cat from $20.00 to $15.00 and set a “buy” rating for the company in a report on Friday, August 7th. HC Wainwright reaffirmed a “buy” rating and set a $20.00 price target on shares of Red Cat in a research report on Friday, August 7th. Clear Str upgraded Red Cat to a “strong-buy” rating in a report on Wednesday, April 29th. Finally, LADENBURG THALM/SH SH upgraded Red Cat to a “strong-buy” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Red Cat currently has an average rating of “Buy” and a consensus price target of $20.40.

Hedge Funds Weigh In On Red Cat

A number of large investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new position in shares of Red Cat during the first quarter worth about $33,000. Allworth Financial LP acquired a new stake in shares of Red Cat in the second quarter valued at approximately $28,000. IFP Advisors Inc lifted its position in shares of Red Cat by 181.1% in the third quarter. IFP Advisors Inc now owns 2,670 shares of the company’s stock worth $28,000 after purchasing an additional 1,720 shares in the last quarter. NFSG Corp grew its holdings in shares of Red Cat by 200.0% in the 1st quarter. NFSG Corp now owns 3,000 shares of the company’s stock valued at $39,000 after acquiring an additional 2,000 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Red Cat by 294.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,042 shares of the company’s stock valued at $40,000 after purchasing an additional 2,271 shares during the last quarter. Institutional investors own 37.97% of the company’s stock.

More Red Cat News

Here are the key news stories impacting Red Cat this week:

• Positive Sentiment: Red Cat promoted Mitch McDonald to divisional CEO of its UAS operations, placing Teal Drones and FlightWave Aerospace under unified leadership. The company said the move is intended to improve coordination, scale manufacturing and meet rising demand from U.S. and allied defense customers. Red Cat Promotes Mitch McDonald to Divisional CEO of its UAS Operations
• Positive Sentiment: Red Cat’s reported analyst price targets remain well above the recent trading level, with a median target of $20 and individual targets ranging from $20 to $25. However, these targets may not reflect the latest earnings revisions. Research Analysts Set Expectations for Red Cat Q3 Earnings
• Neutral Sentiment: Unusually high options activity indicates increased trading interest and potentially greater short-term volatility in RCAT, but the available report does not identify whether bullish or bearish positions dominated. Red Cat Sees Unusually Large Options Volume
• Negative Sentiment: Director Nicholas Reyland Liuzza Jr. sold 55,000 RCAT shares for approximately $584,650, reducing his direct ownership by about 10%. He still owns 489,874 shares, but the transaction adds to concerns because recent insider activity has been weighted toward selling rather than buying. SEC Insider Ownership Filing
• Negative Sentiment: Northland Securities lowered its forecast for Red Cat’s third-quarter EPS, reinforcing concerns about the company’s continuing losses and execution against growth expectations. Red Cat previously missed quarterly revenue and EPS estimates, making forecast reductions particularly relevant to valuation. Red Cat Q3 EPS Forecast Decreased by Northland Securities
• Negative Sentiment: Drone peer Ondas Holdings fell sharply after releasing earnings, creating potential spillover pressure across the sector despite Ondas separately winning a multi-million-dollar Israeli defense tender. The episode highlights investor sensitivity to near-term financial results among drone companies. Ondas Drops After Earnings

Red Cat Company Profile

Red Cat Holdings, Inc (NASDAQ: RCAT) is a technology holding company that develops and delivers advanced robotics, autonomy, and sensing solutions for defense, national security, public safety and commercial customers. Headquartered in American Fork, Utah, the company brings together a portfolio of specialized operating businesses focused on unmanned aerial systems (UAS), mission management software, precision mapping sensors and engineering services.

Through its UAS segment, Red Cat designs and manufactures small to medium-sized fixed-wing and vertical-takeoff drones that support intelligence, surveillance and reconnaissance (ISR) missions.