Insiders https://simplywall.st/stocks/ca/energy/tsx-cpg/crescent-point-energy-shares/news/crescent-point-energy-corp-tsecpg-insiders-increased-their-h
Over the last quarter, Crescent Point Energy insiders have spent a meaningful amount on shares. Specifically, Independent Director Myron Stadnyk bought CA$65k worth of shares in that time, and we didn't record any sales whatsoever. This could be interpreted as suggesting a positive outlook.
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Sometimes I trade that amount daily!!!!
======================== Insider Ownership
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.3% of Crescent Point Energy shares, worth about CA$7.1m, according to our data. Whilst better than nothing, we're not overly impressed by these holdings.
So What Do The Crescent Point Energy Insider Transactions Indicate?
It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. But we don't feel the same about the fact the company is making losses. On this analysis the only slight negative we see is the fairly low (overall) insider ownership;