Unusual Machines, Inc. (NYSEAMERICAN:UMAC) Director Robert Paul Lowry Acquires 32,895 Shares of Stock

Unusual Machines, Inc. (NYSEAMERICAN:UMAC) Director Robert Paul Lowry acquired 32,895 shares of Unusual Machines stock in a transaction dated Wednesday, October 30th. The shares were purchased at an average cost of $1.52 per share, with a total value of $50,000.40. Following the completion of the transaction, the director now directly owns 73,502 shares of the company’s stock, valued at $111,723.04. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Unusual Machines Price Performance

NYSEAMERICAN:UMAC opened at $1.86 on Friday. Unusual Machines, Inc. has a twelve month low of $0.98 and a twelve month high of $5.54. The company has a debt-to-equity ratio of 0.20, a current ratio of 5.50 and a quick ratio of 2.58.

Unusual Machines (NYSEAMERICAN:UMAC) last released its earnings results 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 Trading of Unusual Machines

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

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.