Connected intelligence company CalAmp Corp.’s (CAMP) President Jeffery Gardner shelled out $139.3 thousand since June 28 to buy 30 thousand shares of the company. Moreover, insider Cummins Wes bought 225 thousand shares of the company. This indicates the confidence of insiders in the company’s prospects.
However, the stock has lost 39.3% over the past month to close the last trading session at $4.20. Analysts expect its EPS and revenue to decline 212.5% and 5.3% year-over-year, respectively, in fiscal 2023. Moreover, the company’s trailing-12-month ROCE, ROTC, and ROTA are negative compared to the industry averages of 7.16%, 4.53%, and 2.99%, respectively.
