Insiders own 56% in profitable OPCO with the CEO and his wife owning 26%, as quoted in the latest annual report and proxy shown on Seeking Alpha website:
"The Company’s executive officers and directors and their affiliates together control more than 56% of the Company’s voting shares outstanding."
So the insiders are fully aligned with shareholders. Although the CEO owns so many shares (26%), he increased his position lately and bought shares at $1.34 and $0.83, as quoted below:
SOURCE: Form 4 ISSUER: Ourpet´s Company SYMBOL: OPCO FILER: Tsengas Steven TITLE: Chairman of the Board DATE TRANSACTION SHARES PRICE VALUE 11/16/17 Purchase 10,400 $1.34 $13,913 OWNERSHIP: 3,734,246 (Direct) 1,007,116 (Indirect) The Form 4 is filed with the Securities and Exchange Commission by insiders to report transactions in their companies´ shares. Open market purchases and sales must be reported within two business days of the transaction. Insider Data Source: The Washington Service (info@washingtonservice.com or 301-913-5100)
Dow Jones Newswires
March 26, 2018 10:05 ET (14:05 GMT)
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SOURCE: Form 4 ISSUER: Ourpet´s Company SYMBOL: OPCO FILER: Tsengas Steven TITLE: Chairman of the Board DATE TRANSACTION SHARES PRICE VALUE 5/7/18 Purchase 27,639 $0.83 $22,960 OWNERSHIP: 3,751,259 (Direct) 1,021,153 (Indirect) The Form 4 is filed with the Securities and Exchange Commission by insiders to report transactions in their companies´ shares. Open market purchases and sales must be reported within two business days of the transaction. Insider Data Source: The Washington Service (info@washingtonservice.com or 301-913-5100)
Dow Jones Newswires
May 09, 2018 14:46 ET (18:46 GMT)
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It seems to me that the CEO knows that the recent expansion strategy to Germany, China and South Korea works and OPCO will see the benefits in the next months. The CEO knows his stuff and this is why OPCO has consistent revenue growth and profitability over the last years, as illustrated below: