Heather Mason Sells Shares of ASRT

Heather Mason sold over 42,000 shares of ASRT as part of recent insider transactions.

Written by EarningsIQ · Published Jun 16, 2026, 7:00 PM EDT · Updated Jun 16, 2026, 10:00 PM EDT

Key Points

Heather Mason sold 42,081 shares of ASRT on June 16, 2026, with shares trading at $23.50.
ASRT's stock is trading near $23.50, with recent analyst ratings maintaining a hold position.
Other insiders, including Kirk Sigurd and Ajay Patel, also sold shares on the same date.

Heather Mason recently sold 42,081 shares of ASRT on June 16, 2026. The shares were trading at approximately $23.50 at the time of the transaction. Mason's sale is part of a broader insider activity pattern observed on the same day.

Other Institutional Activity in ASRT

Nantahala Capital Management, LLC increased its holdings in ASRT by 105,000 shares, bringing its total to 692,335 shares valued at about $13.2 million. Vanguard Capital Management LLC also made a significant move, adding 268,952 shares to end with the same number of shares worth approximately $5.1 million. On the other hand, Opaleye Management Inc. trimmed its position by 19,293 shares, resulting in 265,707 shares valued at $5.1 million. Renaissance Technologies LLC added 37,902 shares, reaching a total of 228,599 shares worth roughly $4.4 million. Meanwhile, Edgewood Management LLC and BlackRock, Inc. made minimal changes to their positions.

ASRT Stock Snapshot

Shares of ASRT traded around $23.50 recently. Analysts from Lake Street and HC Wainwright & Co. have maintained 'hold' ratings with price targets of $23.5 and $21.8, respectively. The stock's activity reflects a consistent market interest, although the recent insider sales might draw attention from investors.

Insider Buying and Selling at ASRT

Several insiders, including Kirk Sigurd, Ajay Patel (EVP and CFO), and Paul Schwichtenberg (President and COO), executed share sales on June 16, 2026. Sigurd sold 12,017 shares, Patel sold 72,051 shares, and Schwichtenberg sold 32,042 shares. These transactions were not part of a planned trading program.

Analysts Set New Price Targets

On May 13, 2026, Lake Street maintained its 'hold' rating for ASRT, setting a price target of $23.5. Earlier, on May 5, 2026, HC Wainwright & Co. also maintained a 'hold' rating with a target of $21.8. These assessments suggest a cautious approach towards the stock, reflecting its current market position.

Bottom Line

Heather Mason's sale of ASRT shares is part of a broader pattern of insider transactions. Investors often keep an eye on such sales for potential insights into company performance. However, it's important to remember that these transactions are not necessarily indicative of future stock performance.