William McKee Sells Shares of ASRT

William McKee recently sold 5,415 shares of ASRT on June 16, 2026. The sale was not part of a pre-planned trading program. The stock was trading at $23.50 at the time of the transaction.

Insider Buying and Selling at ASRT

Several insiders sold shares of ASRT on the same date as McKee. Kirk Sigurd sold 12,017 shares, David Matthew Stark sold 11,420 shares, and Ajay Patel, the Executive Vice President and CFO, sold 72,051 shares. Paul Schwichtenberg, President and COO, sold 32,042 shares. These transactions were not part of any pre-planned trading programs.

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 approximately $13.2 million. Vanguard Capital Management LLC also added to its position, now holding 268,952 shares worth about $5.1 million. Meanwhile, Opaleye Management Inc. trimmed its stake by 19,293 shares, leaving it with 265,707 shares valued at $5.1 million. Renaissance Technologies LLC boosted its holdings by 37,902 shares to a total of 228,599 shares, valued at approximately $4.4 million.

Analysts Set New Price Targets

On May 13, 2026, Lake Street maintained its 'hold' rating for ASRT with a price target of $23.5. Earlier, on May 5, 2026, HC Wainwright & Co. also maintained a 'hold' rating with a slightly lower target of $21.8. Previously, both firms downgraded the stock to a 'hold' on April 9, 2026, setting a target of $18.0.

Bottom Line

The recent insider sales at ASRT, including those by William McKee, reflect ongoing trading activity among the company's executives. ASRT's stock is currently trading at $23.50, and analysts have recently maintained 'hold' ratings with varying price targets. Investors often track such insider transactions as part of their decision-making process, although these sales do not necessarily indicate negative sentiment about the company's prospects.