its time to buyWe often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So before you buy or sell Experion Holdings Ltd. (CVE:EXP), you may well want to know whether insiders have been buying or selling. no particular insider transaction stood out, we can still look at the overall trading.
Over the last year, we can see that insiders have bought 632k shares worth CA$210k. But insiders sold 259k shares worth CA$112k. Overall, Experion Holdings insiders were net buyers this year. Their average price was about CA$0.33. These transactions suggest that insiders have considered the current price of CA$0.21 attractive. You can see the insider transactions (by individuals) over the last year.
Insiders at Experion Holdings Have Bought Stock Recently
There has been significantly more insider buying, than selling, at Experion Holdings, over the last three months. Insiders spent CA$189k on shares. On the other hand, Michael Kohut netted CA$112k by selling. Insiders have spent more buying shares than they have selling, so on balance we think they are are probably optimistic.
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. From our data, it seems that Experion Holdings insiders own 5.1% of the company, worth about CA$1.1m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure.
o What Does This Data Suggest About Experion Holdings Insiders?
It is good to see recent purchasing. And the longer term insider transactions also give us confidence.
analysis of the insider transactions suggests that Experion Holdings insiders are expecting a bright future.