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Looking at dentalcorp Holdings Ltd.'s (TSE:DNTL ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
Check out our latest analysis for dentalcorp Holdings
dentalcorp Holdings Insider Transactions Over The Last Year
The Independent Lead Director Jeffrey Rosenthal made the biggest insider purchase in the last 12 months. That single transaction was for CA$1.1m worth of shares at a price of CA$5.41 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$8.03. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's 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!
dentalcorp 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 dentalcorp Holdings Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. dentalcorp Holdings insiders own about CA$84m worth of shares. That equates to 5.7% 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.
So What Do The dentalcorp Holdings Insider Transactions Indicate?
The fact that there have been no dentalcorp Holdings insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in dentalcorp Holdings and we see no evidence to suggest they are worried about the 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. At Simply Wall St, we found 1 warning sign for dentalcorp Holdings that deserve your attention before buying any shares.