Owlet, Inc. (NYSE:OWLT) Insider Jonathan Harris Sells 16,439 Shares

Owlet, Inc. (NYSE:OWLT) insider Jonathan Harris sold 16,439 shares of the business’s stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $4.45, for a total value of $73,153.55. Following the completion of the sale, the insider now directly owns 288,617 shares in the company, valued at approximately $1,284,345.65. This represents a 5.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Jonathan Harris also recently made the following trade(s):

• On Thursday, January 16th, Jonathan Harris sold 7,740 shares of Owlet stock. The shares were sold at an average price of $4.30, for a total value of $33,282.00.

Owlet Trading Up 1.6 %

NYSE OWLT opened at $4.45 on Thursday. Owlet, Inc. has a 12 month low of $3.20 and a 12 month high of $6.39. The stock’s fifty day moving average price is $4.62 and its 200-day moving average price is $4.58. The stock has a market cap of $71.36 million, a P/E ratio of -1.86 and a beta of 1.50.

Institutional Trading of Owlet

Institutional investors have recently bought and sold shares of the company. Corsair Capital Management L.P. purchased a new position in Owlet in the third quarter worth about $2,598,000. Rosalind Advisors Inc. bought a new stake in shares of Owlet during the third quarter valued at approximately $1,212,000. Finally, Geode Capital Management LLC raised its holdings in Owlet by 31.0% in the 3rd quarter. Geode Capital Management LLC now owns 58,684 shares of the company’s stock worth $264,000 after acquiring an additional 13,879 shares during the last quarter. 72.60% of the stock is owned by hedge funds and other institutional investors.

About Owlet

Owlet, Inc provides digital parenting solutions in the United States and internationally. The company's platform focuses on giving real-time data and insights to parents. It offers Dream Sock, a wearable infant health monitor equipped with pulse oximetry technology to track vitals signs, such as pulse rate, oxygen, activity, and sleep patterns; BabySat which is intended for infants with heightened health risk; Owlet Cam, a monitoring device in smartphones that offers video and audio, predictive sleep insights, and cry detections; and accessories, including Owlet Sleeper, as well as Duo and Dream Duo that combines Smart Sock with the Owlet Cam.