Red Cat (RCAT) CEO Jeffrey M Thompson Sells $676K of Stock

By TradeTexts Research Desk Oct 19, 2026, 6:02 PM EDT

Key Points

Red Cat Holdings CEO Jeffrey Thompson sold 150,000 shares of RCAT for about $676,500 on October 15, 2026, under a pre-arranged plan.
After the trade, Jeffrey M Thompson holds 11,562,202 $RCAT shares, down 1.28% from before the trade.
RCAT shares recently traded around $4.68, down from a 52-week high of $18.78, with the company scheduled to report earnings on November 5, 2026.
Wall Street analysts maintain a strong buy consensus on RCAT with a mean price target of $16.50 across eight analyst opinions.

Since the trade, $RCAT is down 4.5% to date (from the $4.90 close on Oct 15, 2026).

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Red Cat Holdings, Inc. Chairman and Chief Executive Officer Jeffrey Thompson sold 150,000 shares of the company on October 15, 2026. The transaction was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission.

RCAT Red Cat Holdings, Inc.

$4.68 -48.91% year to date

Daily close · Oct 19, 2026

Inside Jeffrey Thompson's RCAT Trade

According to the SEC filing, Thompson executed the sale at a price of $4.51 per share, for a total value of $676,500. This sale was carried out pursuant to a pre-arranged Rule 10b5-1 trading plan. Following the transaction, Thompson still directly holds 11,562,202 shares of Red Cat Holdings, cutting his stake by about 1.3%. The stock closed at $4.90 on the day of the trade.

Other Institutional Activity in Red Cat Holdings, Inc.

Hood River Capital Management LLC grew its holdings by 7,545,215 shares, ending with 10,578,223 shares worth about $49,506,081. Citadel Advisors Llc added 3,275,575 shares for a 1,970.9% increase, finishing with 3,441,774 shares valued at $16,107,501. Van Eck Associates Corporation grew its stake by 1,276,668 shares, or 100.0%, to hold 2,553,337 shares worth $11,949,616. Mirae Asset Global ETFs Holdings Ltd. added 83,808 shares, representing a 5.6% increase, ending with 1,591,139 shares valued at $7,446,530.

Red Cat Holdings, Inc. Stock Down 1.0%

RCAT recently traded around $4.68, sitting 6.1% above its 52-week low of $4.41 and well below its 52-week high of $18.78. The stock trades below its 50-day moving average of $7.94 and its 200-day moving average of $10.85.

Recent Earnings

The company reported trailing twelve months revenue of $71,541,000 alongside negative earnings of $0.80 per share. Red Cat generated a revenue growth rate of 527.2% year-over-year, while posting a net profit margin of -136.3% and a return on equity of -34.4%. The company's next earnings report is scheduled for November 5, 2026.

Insider Buying and Selling at Red Cat Holdings, Inc.

Insiders have executed multiple sales in recent months. Director Nicholas Reyland Liuzza Jr sold 55,000 shares at $10.63 on August 11, 2026, and later sold 65,000 shares at $8.50 on August 28, 2026. CEO Jeffrey Thompson previously sold 150,000 shares at $10.45 on August 17, 2026, and another 150,000 shares at $7.74 on September 15, 2026.

Analysts Set New Price Targets

HC Wainwright & Co. reiterated a buy rating with a $20.00 price target on August 7, 2026. Needham maintained its buy rating on August 7, 2026, while lowering its price target from $20.00 to $15.00. Evercore ISI Group initiated coverage with an outperform rating and a $15.00 price target on August 31, 2026. Piper Sandler initiated coverage with a neutral rating and a $9.00 price target on September 2, 2026. Overall, the stock carries a strong buy recommendation from a total of 8 analysts, with a mean price target of $16.50.

About Red Cat Holdings, Inc.

Red Cat Holdings builds drone and robotic technology for defense, national security, and commercial clients in the United States. As the company prepares for its upcoming earnings release, insider transactions continue to draw attention from market watchers tracking executive ownership changes.

Bottom Line

Investors are keeping an eye on the upcoming November 5 earnings report to gauge financial progress at the defense technology firm. Future SEC filings will show whether executives continue trimming their holdings following this pre-planned sale.