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Director Brian Miller, associated with North Sound Trading, LP, North Sound Management, Inc., has recently purchased shares of Inseego Corp (NASDAQ:INSG), a company currently valued at $133.58 million. The purchases, executed between August 12 and August 14, 2025, amounted to a total value of $479504, coming at a time when the stock has shown significant momentum with a 20.6% return over the past week. According to InvestingPro analysis, the stock is currently trading near its Fair Value.
On August 12, 8807 shares were bought at an average price of $7.4428, with prices ranging from $7.2399 to $7.8000. The following day, August 13, an additional 31094 shares were purchased at an average price of $8.9784, with prices ranging from $8.8889 to $9.2892. Finally, on August 14, 15100 shares were acquired at an average price of $8.9259, with prices ranging from $8.7100 to $9.0900. While the company isn’t currently profitable, analysts project a return to profitability in 2025, with price targets ranging from $8.00 to $13.50.
Following these transactions, North Sound Trading, LP directly owns 2143769 shares of Inseego Corp. Brian Miller, as the sole shareholder of North Sound Management, Inc., the general partner of North Sound Trading, LP, may be deemed to indirectly own these shares. Want deeper insights into insider trading patterns and comprehensive analysis? InvestingPro offers exclusive access to detailed insider trading analysis and 8 additional key insights about INSG.
In other recent news, Inseego Corp reported its financial results for the second quarter of 2025, highlighting a total revenue of $40.2 million. The company experienced a sequential increase in adjusted EBITDA by 29%, reaching $4.7 million. These results come amid new product launches and strategic executive hires, contributing to the company’s positive trajectory. The financial performance indicates a robust quarter for Inseego Corp, with revenue growth being a focal point for investors. While the company did not announce any mergers, the strategic hires suggest a focus on strengthening its leadership team. There were no analyst upgrades or downgrades reported in the recent developments. The company’s efforts appear to be geared towards sustaining growth, as evidenced by the recent financial and operational activities.
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