Latch (LTCH) Insider Priyen Patel Sells $483 of Stock
Priyen Patel, Chief Strategy & Legal Officer, sold 3,447 shares of Latch, Inc.
Reviewed by automated data checks against the source filing. How we make and check alerts
Priyen Patel, Chief Strategy & Legal Officer at Latch, Inc. ($LTCH), sold 3,447 shares at an average price of $0.14, worth about $482.58, on June 3, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $LTCH is up 14.3% after 1 week, up 42.9% after 1 month and up 14.3% to date (from the $0.14 close on Jun 3, 2026).
LTCH
Latch, Inc.
Key Points
- Priyen Patel, Chief Strategy & Legal Officer of Latch, Inc., sold 3,447 shares at $0.14 each, totaling $482.58 on June 3, 2026.
- Latch, Inc. traded at $0.19 on Wednesday, with a market cap of approximately $29.57 million and a 52-week range of $0.05 to $0.30.
- Insider transactions included sales by CFO Jeffrey Mayfield and CTO Ryan Salmons, while CEO David Lillis made both purchases and sales.
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On June 3, 2026, Priyen Patel, the Chief Strategy & Legal Officer at Latch, Inc. (OTC:LTCH), sold 3,447 shares of the company at an average price of $0.14 per share. This transaction totaled $482.58. The sale was not part of a pre-planned transaction.
Insider Buying and Selling at Latch, Inc.
Priyen Patel wasn't the only executive trading Latch shares recently. On June 12, 2026, Jeffrey Mayfield, the Chief Financial Officer, sold 34,618 shares at $0.20 each. Ryan Salmons, the Chief Product & Technology Officer, also sold 59,895 shares at the same price. In contrast, Salmons purchased 500,000 shares on the same day at a price not disclosed. Meanwhile, David Lillis, the CEO, made a notable trade by buying 968,179 shares and selling 257,816 shares, both at $0.20.
Latch, Inc. Stock Up 15.2%
Shares of Latch, Inc. traded near $0.19 on Wednesday. The company has a market capitalization of approximately $29.57 million. With a 52-week low of $0.05 and a high of $0.30, the stock's 50-day moving average is $0.19, while the 200-day moving average is $0.17. Latch has a beta of 1.332, indicating its volatility relative to the market. The company currently has a current ratio of 2.053 and a quick ratio of 1.36, but its debt-to-equity ratio is quite high at 12.232.
About Latch, Inc.
Latch, Inc. is a technology company based in Olivette, Missouri. It provides an integrated ecosystem of hardware, software, and services in the U.S. and Canada. The company's flagship product, the DOOR Platform, is a cloud-based software-as-a-service that manages smart access control devices like locks and intercoms. Latch serves real estate developers, builders, and property managers, offering both hardware and software solutions to enhance building security and operations. Led by CEO Mr. Priyen Patel, Latch employs about 120 people.
Bottom Line
Priyen Patel's recent sale of Latch, Inc. shares highlights ongoing insider trading activity within the company. Investors often track such transactions to gauge insider sentiment, but it's important to note that these trades are not necessarily indicative of the company's future performance. As always, remember that 13F filings and insider transactions provide a backward-looking view and may not reflect current holdings or intentions.
Related Filing Alerts
Source: Priyen Patel's Form 4 filing on $LTCH (Jun 3, 2026). Find the original filing: LTCH Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts