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Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Dexterra Group Inc. (TSE:DXT), it sends a favourable message to the company's shareholders.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for Dexterra Group
The Last 12 Months Of Insider Transactions At Dexterra Group
The President Mark Becker made the biggest insider purchase in the last 12 months. That single transaction was for CA$110k worth of shares at a price of CA$5.47 each. Even though the purchase was made at a significantly lower price than the recent price (CA$6.10), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
In the last twelve months insiders purchased 116.17k shares for CA$633k. On the other hand they divested 5.85k shares, for CA$32k. In total, Dexterra Group insiders bought more than they sold over the last year. 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 Dexterra Group Boast High Insider Ownership?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data indicates that Dexterra Group insiders own about CA$7.4m worth of shares (which is 1.9% of the company). We do generally prefer see higher levels of insider ownership.
What Might The Insider Transactions At Dexterra Group Tell Us?
It doesn't really mean much that no insider has traded Dexterra Group shares in the last quarter. However, our analysis of transactions over the last year is heartening. The transactions are fine but it'd be more encouraging if Dexterra Group insiders bought more shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Dexterra Group. Every company has risks, and we've spotted 2 warning signs for Dexterra Group you should know about.