Whilst it may not be a huge deal, we thought it was good to see that the SATO Technologies Corp. (CVE:SATO) Independent Director, Frank Di Tomaso, recently bought CA$68k worth of stock, for CA$0.25 per share. Even though that isn't a massive buy, it did increase their holding by 180%, which is arguably a good sign.

Check out our latest analysis for SATO Technologies

SATO Technologies Insider Transactions Over The Last Year

Notably, that recent purchase by Frank Di Tomaso is the biggest insider purchase of SATO Technologies shares that we've seen in the last year. That implies that an insider found the current price of CA$0.26 per share to be enticing. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider purchases were made at close to current prices.

SATO Technologies insiders may have bought shares in the last year, but they didn't sell any. The average buy price was around CA$0.35. These transactions suggest that insiders have considered the current price attractive. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does SATO Technologies Boast High 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. SATO Technologies insiders own about CA$5.3m worth of shares. That equates to 29% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At SATO Technologies Tell Us?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. Insiders likely see value in SATO Technologies shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing SATO Technologies. Be aware that SATO Technologies is showing 3 warning signs in our investment analysis, and 1 of those is a bit unpleasant...