Allan Thomas Evans Acquires 65,789 Shares of Unusual Machines, Inc. (NYSEAMERICAN:UMAC) Stock

Unusual Machines, Inc. (NYSEAMERICAN:UMAC) CEO Allan Thomas Evans bought 65,789 shares of Unusual Machines stock in a transaction dated Wednesday, October 30th. The stock was acquired at an average cost of $1.52 per share, for a total transaction of $99,999.28. Following the purchase, the chief executive officer now directly owns 90,789 shares in the company, valued at approximately $137,999.28. The trade was a 200.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Unusual Machines Price Performance

Unusual Machines stock opened at $1.83 on Friday. Unusual Machines, Inc. has a fifty-two week low of $0.98 and a fifty-two week high of $5.54. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.58 and a current ratio of 5.50.

Unusual Machines (NYSEAMERICAN:UMAC) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.16) earnings per share for the quarter. The company had revenue of $1.41 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Unusual Machines stock. Rathbones Group PLC bought a new position in shares of Unusual Machines, Inc. (NYSEAMERICAN:UMAC) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 42,000 shares of the company’s stock, valued at approximately $55,000. Rathbones Group PLC owned 0.45% of Unusual Machines as of its most recent filing with the SEC.

Unusual Machines Company Profile

Unusual Machines, Inc designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It operates a drone-focused e-commerce marketplace. The company serves drone pilots, hobbyists, and recreational services. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc in July 2022.