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Over the last year, a good number of insiders have significantly increased their holdings in Identiv, Inc. (NASDAQ:INVE). This is encouraging because it indicates that insiders are more optimistic about the company's prospects.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Identiv Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when insider Bradley Radoff bought US$2.0m worth of shares at a price of US$3.84 per share. That means that even when the share price was higher than US$3.25 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. We note that Bradley Radoff was both the biggest buyer and the biggest seller.
In the last twelve months insiders purchased 614.11k shares for US$2.4m. But they sold 81.38k shares for US$282k. In total, Identiv insiders bought more than they sold over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
View our latest analysis for Identiv
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.
Insiders At Identiv Have Bought Stock Recently
Over the last three months, we've seen significantly more insider buying, than insider selling, at Identiv. Insiders spent US$2.1m on shares. On the other hand, insider Bradley Radoff netted US$282k by selling. We think insiders may be optimistic about the future, since insiders have been net buyers of shares.
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. We usually like to see fairly high levels of insider ownership. From our data, it seems that Identiv insiders own 13% of the company, worth about US$9.4m. Whilst better than nothing, we're not overly impressed by these holdings.