Insider Selling: DroneShield (ASX:DRO) Insider Sells 181,611 Shares of Stock

DroneShield Limited (ASX:DRO) insider Jethro Marks sold 181,611 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of A$3.26, for a total value of A$592,051.86.

Jethro Marks also recently made the following trade(s):

• On Tuesday, November 11th, Jethro Marks sold 219,568 shares of DroneShield stock. The shares were sold at an average price of A$3.32, for a total transaction of A$728,307.06.
• On Wednesday, November 12th, Jethro Marks sold 1,460,000 shares of DroneShield stock. The stock was sold at an average price of A$3.35, for a total transaction of A$4,892,460.00.

DroneShield Price Performance

The company has a current ratio of 6.96, a quick ratio of 1.37 and a debt-to-equity ratio of 3.44. The company has a market cap of $545.07 million, a PE ratio of 51.48 and a beta of 1.12.

About DroneShield

DroneShield Limited engages in the development, commercialization, and sale of hardware and software technology for drone detection and security in Australia and the United States. It offers DroneGun Tactical, a portable rifle shape drone disruptor, causing the drone to safely land, or fly back to the starting point; DroneGun Mk4, a rugged handheld counter-unmanned aircraft system (UAS) effector; DroneGun Mk3, a pistol shaped compact drone disruptor; RfPatrol Mk2, a wearable AI-enabled multi-mission detection tool; DroneSentry-X, a cross-vehicle compatible automated 360° detect and defeat device; and DroneSentry-X Mk2 is a software-defined detection and adaptive disruption system.