LTCH CEO David Lillis Sells Shares
David Lillis sold 257,816 LTCH shares for $51,563.20 on June 12, 2026.
Key Points
- David Lillis, CEO of LTCH, sold 257,816 shares on June 12, 2026, at $0.20 each, totaling $51,563.20.
- LTCH stock traded at $0.18 with no meaningful P/E due to lack of profitability.
- Peers like Parkwood LLC held 998,286 shares, while Ancora Advisors LLC exited LTCH entirely.
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David Lillis, the Chief Executive Officer of LTCH, sold 257,816 shares of the company on June 12, 2026. The shares were sold at an average price of $0.20 each, amounting to a total transaction value of $51,563.20. This transaction was not part of a pre-planned trading program.
Other Institutional Activity in LTCH
Among LTCH's institutional peers, Parkwood LLC held steady with 998,286 shares valued at approximately $210,000. FNY Investment Advisers, LLC also maintained its position with 10,001 shares worth around $2,000. MassMutual Private Wealth & Trust, FSB held 537 shares valued at $113. Ancora Advisors LLC, however, exited its position entirely, reducing its holdings by 10 shares.
Latch, Inc. Stock Up 2.9%
Shares of LTCH traded at around $0.18. The company does not have a meaningful P/E ratio as it is not currently profitable. The stock's performance and valuation are challenging to assess without profitability metrics.
$LTCH stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Latch, Inc.
On June 12, 2026, Ryan Salmons, Chief Product and Technology Officer, sold 59,895 shares at $0.20 each. On the same day, he also acquired 500,000 shares, although the price was not available. David Lillis, the CEO, besides selling shares, also acquired 968,179 shares on June 12, 2026. Priyen Patel, Chief Strategy and Legal Officer, sold 3,447 shares at $0.14 each on June 3, 2026.
Bottom Line
David Lillis' recent sale of LTCH shares highlights ongoing insider activity within the company. Investors often track insider transactions to gauge confidence levels in a company's future prospects. It's important to remember that these filings are backward-looking and may not reflect current positions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.