No insider purchase over the last 90 days. The latest, by Sondergaard Niels, was filed 28 Jan 2025.
Coda Octopus Group, Inc. is a Defense & Aerospace company. Its directors and officers file their transactions with SEC (Form 4). 3 insiders have disclosed 6 filings since 23 October 2025.
No insider bought on the market over the period, while 2 insiders filed 4 sales totalling €1.1M. Emerson John Steven filed the largest sale, €1.0M, on 20 April 2026.
Between a trade and the moment it shows up on SEC (Form 4), the median delay is 40 days. US insiders must file a Form 4 within two business days of a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives.
With 6 filings in twelve months, the company is quieter than the median of 24 filings across the 3,167 companies we follow on the same exchange. Looking back to 2018, when coverage begins, insiders filed 19 purchases and 69 sales. The 10-K/A for the year ended 31 October 2025 shows 4.1 m USD of net income.
For comparison within the same sector, see the insider buying recorded at Rheinmetall Aktiengesellschaft and Safran. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended October 2025 · cache
25 of 118 declarations
Coda Octopus Group, Inc. (ticker: CODA) is a U.S.-listed company on the Nasdaq Capital Market, part of the Nasdaq exchange, and it is headquartered operationally in Orlando, Florida, United States. Founded in 1994, the company has built a niche position in subsea technology, with a focus on real-time sonar imaging, underwater situational awareness, and diver-assistance systems. For French-speaking investors in France, Belgium, and Switzerland, CODA is best viewed as a small-cap defense and industrial technology company with exposure to government spending, marine infrastructure activity, and product-driven innovation.
The group currently operates through three main business units: the Marine Technology Business, which sells sonar imaging systems and related software/hardware solutions; the Defense Engineering Services Business, which provides engineering and manufacturing support for defense programs; and the Acoustics Sensors and Materials Business, added through the acquisition of Precision Acoustics Limited in October 2024. This acquisition broadened the company’s technical capabilities and strengthened its positioning in adjacent subsea sensing markets. The company’s flagship technology remains Echoscope®, its proprietary 4D/5D/6D imaging sonar platform, alongside DAVD (Diver Augmented Vision Display), an augmented-vision solution designed for divers operating in low- or zero-visibility environments.
In competitive terms, Coda Octopus occupies a specialized, high-differentiation niche rather than a scale-driven commodity market. Management describes the business as a leader in real-time underwater imaging sonar, with applications in defense, marine construction, subsea infrastructure inspection, port and harbor security, and autonomous underwater vehicle platforms. Its geographic footprint is international, with operations spanning the United States, the United Kingdom, and Denmark, while products are sold globally.
Recent developments indicate a constructive operational trend. In fiscal 2025, the company reported higher revenue and improved profitability, while noting the full-year contribution from PAL. Management also highlighted continued progress on the DAVD program, including new orders and broader adoption across multiple U.S. Navy commands, as well as evaluation work for Echoscope on next-generation underwater vehicle platforms. In March 2025, Coda Octopus Colmek announced $1.3 million of engineering orders from the U.S. government. Overall, CODA combines proprietary technology, defense-related demand, and a growing installed base of mission-critical subsea solutions.
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Oct 2025 | n.d. | 4.1 m USD | 0.37 USD | 10-K/A |
| Oct 2024 | n.d. | 3.6 m USD | 0.32 USD | 10-K/A |
| Oct 2023 | n.d. | 3.1 m USD | 0.28 USD | 10-K |
| Oct 2022 | n.d. | 4.3 m USD | 0.38 USD | 10-K |
| Oct 2021 | n.d. | 4.9 m USD | 0.44 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.