14,400 Shares in Unusual Machines, Inc. (NYSEAMERICAN:UMAC) Acquired by Kieckhefer Group LLC

Kieckhefer Group LLC bought a new stake in Unusual Machines, Inc. (NYSEAMERICAN:UMAC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,400 shares of the company’s stock, valued at approximately $242,000. Kieckhefer Group LLC owned about 0.17% of Unusual Machines at the end of the most recent reporting period.

Separately, Rathbones Group PLC purchased a new position in shares of Unusual Machines during the second quarter worth about $55,000.

Analyst Upgrades and Downgrades

Separately, Maxim Group started coverage on Unusual Machines in a research report on Wednesday, December 18th. They set a “buy” rating and a $18.00 price objective for the company.

Unusual Machines Trading Down 15.2 %

NYSEAMERICAN UMAC traded down $1.97 during mid-day trading on Monday, hitting $11.03. The company’s stock had a trading volume of 1,003,169 shares, compared to its average volume of 2,271,570. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.95 and a current ratio of 2.24. Unusual Machines, Inc. has a 52-week low of $0.98 and a 52-week high of $23.62.

Insider Transactions at Unusual Machines

In other Unusual Machines news, Director Jeffrey M. Thompson sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $12.65, for a total transaction of $506,000.00. Following the sale, the director now owns 325,984 shares in the company, valued at $4,123,697.60. This represents a 10.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Allan Thomas Evans bought 65,789 shares of the company’s stock in a transaction on Wednesday, October 30th. The shares were acquired at an average cost of $1.52 per share, for a total transaction of $99,999.28. Following the completion of the acquisition, the chief executive officer now directly owns 90,789 shares of the company’s stock, valued at $137,999.28. This trade represents a 263.16 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 22.20% of the company’s stock.

Unusual Machines Company Profile

Unusual Machines, Inc designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It operates a drone-focused e-commerce marketplace. The company serves drone pilots, hobbyists, and recreational services. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc in July 2022.