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Whilst it may not be a huge deal, we thought it was good to see that the Dubber Corporation Limited (ASX:DUB) CEO, Managing Director & Director, Matthew Bellizia, recently bought AU$93k worth of stock, for AU$0.037 per share. Although the purchase is not a big one, increasing their shareholding by only 2.4%, it can be interpreted as a good sign.
Check out our latest analysis for Dubber
The Last 12 Months Of Insider Transactions At Dubber
The insider Peter Pawlowitsch made the biggest insider purchase in the last 12 months. That single transaction was for AU$585k worth of shares at a price of AU$0.015 each. Even though the purchase was made at a significantly lower price than the recent price (AU$0.036), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
Dubber insiders may have bought shares in the last year, but they didn't sell any. They paid about AU$0.019 on average. It is certainly positive to see that insiders have invested their own money in the company. However, you should keep in mind that they bought when the share price was meaningfully below today's levels. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does Dubber Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. From our data, it seems that Dubber insiders own 10% of the company, worth about AU$9.7m. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
What Might The Insider Transactions At Dubber Tell Us?
It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Dubber insiders are expecting a bright future. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To help with this, we've discovered 4 warning signs (2 can't be ignored!) that you ought to be aware of before buying any shares in Dubber.