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Even if it's not a huge purchase, we think it was good to see that Willie Langston, the Independent Director of PSQ Holdings, Inc. (NYSE:PSQH) recently shelled out US$51k to buy stock, at US$2.05 per share. That purchase might not be huge but it did increase their holding by 17%.
Our free stock report includes 4 warning signs investors should be aware of before investing in PSQ Holdings. Read for free now.
The Last 12 Months Of Insider Transactions At PSQ Holdings
The insider Kelly Loeffler made the biggest insider purchase in the last 12 months. That single transaction was for US$3.3m worth of shares at a price of US$2.70 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$2.00). 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. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.
PSQ Holdings insiders may have bought shares in the last year, but they didn't sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Check out our latest analysis for PSQ Holdings
PSQ Holdings is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Does PSQ Holdings 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. A high insider ownership often makes company leadership more mindful of shareholder interests. PSQ Holdings insiders own about US$27m worth of shares. That equates to 29% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
What Might The Insider Transactions At PSQ Holdings Tell Us?
It is good to see recent purchasing. 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. Given that insiders also own a fair bit of PSQ Holdings we think they are probably pretty confident of a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 4 warning signs for PSQ Holdings you should be aware of, and 1 of them shouldn't be ignored.