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Potential Oneview Healthcare PLC (ASX:ONE) shareholders may wish to note that the CFO & Director, Darragh Lyons, recently bought AU$246k worth of stock, paying AU$0.53 for each share. We reckon that's a good sign, especially since the purchase boosted their holding by 143%.
View our latest analysis for Oneview Healthcare
The Last 12 Months Of Insider Transactions At Oneview Healthcare
Notably, that recent purchase by Darragh Lyons is the biggest insider purchase of Oneview Healthcare shares that we've seen in the last year. That means that even when the share price was higher than AU$0.31 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. The only individual insider to buy over the last year was Darragh Lyons.
Darragh Lyons bought a total of 788.60k shares over the year at an average price of AU$0.44. 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!
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).
Insider Ownership Of Oneview Healthcare
Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 38% of Oneview Healthcare shares, worth about AU$88m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
So What Do The Oneview Healthcare Insider Transactions Indicate?
The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Given that insiders also own a fair bit of Oneview Healthcare we think they are probably pretty confident of a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we found 2 warning signs for Oneview Healthcare that deserve your attention before buying any shares.