NLST NETLIST INC
NEUTRAL
Impact: 3/10
Insider Cluster (2 insiders)
Insider cluster: 2 insiders, $95K total
Latest settled — T+20d
NLST ▲ +36.70% at T+20d
NEUTRAL call ✓ call won +36.70% · α vs SPY +31.74% · entry $2.18 → $2.98
Last close $2.60 (close Jun 12) · +19.27% from $2.18 entry
T+1d
0.00%
call 0.00% · α +0.49%
$2.18
settled 7w ago
T+5d
+25.69%
call +25.69% · α +25.29%
$2.74
settled 6w ago
T+20d
+36.70%
call +36.70% · α +31.74%
$2.98
settled 24d ago
T+60d
—
call — · α —
—
in 5w
Price Chart
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Executive Summary
Two Netlist directors, Welch Blake and Cho Jun, sold shares in a coordinated cluster totaling $95K over a 7-day window, with all transactions being open-market sales. This represents modest insider selling from non-executive board members.
Key Financial Metrics
Direction
selling
Total Value
$94.8K
Insiders
2
Actionable Insight
Monitor for follow-up filings — while this level of director selling is routine, sustained outflows could signal waning confidence. Given the OTC listing and small cap size, even modest insider moves can presage volatility.
Key Facts
- Director Welch Blake sold 37,500 shares at $2.00 for $75,000 on 2026-04-22
- Director Cho Jun sold 10,000 shares at $1.98 for $19,800 on 2026-04-22
- All transactions were open-market sales (Form 4 'S' code), not related to options or tax events
- Total cluster value: $94,800 across two insiders within 7 days
Financial Impact
$94.8K in total open-market sales by two directors
insider ownershipmarket sentiment
Risk Factors
- Potential perception of lack of confidence from board members
- Low liquidity on OTC exchange may amplify price impact if selling continues
Market Snapshot
Exchange
OTC
Sector
Semiconductors & Related Devices
Analyst Consensus
86% bullish (7 analysts)
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NLST-1777080650989 |
5 reports for NLST
33%
Hit rate
best @ T+1▲ +3.68%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 12, 2026
4w ago
|
8-K
| $3.02 $2.82 | ▼ −6.62% | ▼ −6.70% | $2.60 (−13.91%) |
|
Apr 22, 2026
7w ago
|
144
| $2.10 $2.13 | ▲ +1.43% | ▲ +1.37% | $2.60 (+23.81%) |
|
Apr 22, 2026
7w ago
|
Insider Cluster
| $2.18 $2.74 | ▲ +25.69% | ▲ +25.29% | $2.60 (+19.27%) |
|
Mar 16, 2026
13w ago
|
Insider Cluster
| $1.63 $1.72 | ▼ −5.52% | ▼ −7.73% | $2.60 (−59.51%) |
|
Mar 16, 2026
13w ago
|
Insider Cluster
| $1.60 $1.84 | ▼ −15.00% | ▼ −17.65% | $2.60 (−62.50%) |
Showing 5 of 5
US Market Status
Market Closed — Opens in 4h 40m
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