Favourable Signals For Dexterra Group: Numerous Insiders Acquired Stock

Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Dexterra Group Inc. (TSE:DXT), that sends out a positive message to the company’s shareholders.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

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Over the last year, we can see that the biggest insider purchase was by Independent Director Mary Garden for CA$123k worth of shares, at about CA$7.71 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$10.02. 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 58.72k shares for CA$433k. But insiders sold 5.03k shares worth CA$50k. In the last twelve months there was more buying than selling by Dexterra Group insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for Dexterra Group

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

The last three months saw some Dexterra Group insider selling. The selling netted CA$50k for insider Antonia Rossi. But at least we saw CA$41k worth of buying. While it’s not great to see insider selling, the net amount sold isn’t enough for us to want to read anything into it.

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Dexterra Group insiders own about CA$15m worth of shares. That equates to 2.3% 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.