Yahoo Finance Isaac Fried Just Bought 5,112% More Shares In Mosaic Brands Limited (ASX:MOZ)
Mosaic Brands Limited (ASX:MOZ) shareholders (or potential shareholders) will be happy to see that insider Isaac Fried recently bought a whopping AU$779k worth of stock, at a price of AU$0.24. That purchase boosted their holding by 5,112%, which makes us wonder if the move was inspired by quietly confident deeply-felt optimism.
View our latest analysis for Mosaic Brands
Mosaic Brands Insider Transactions Over The Last Year
Notably, that recent purchase by Isaac Fried is the biggest insider purchase of Mosaic Brands shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of AU$0.31. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Mosaic Brands share holders is that insiders were buying at near the current price.
Mosaic Brands insiders may have bought shares in the last year, but they didn't sell any. They paid about AU$0.23 on average. It is certainly positive to see that insiders have invested their own money in the company. However, you should keep in mind that they bought when the share price was meaningfully below today's levels. 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!
Mosaic Brands is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insider Ownership Of Mosaic Brands
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Mosaic Brands insiders own 25% of the company, worth about AU$8.3m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Mosaic Brands Tell Us?
The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Insiders likely see value in Mosaic Brands shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Mosaic Brands. Case in point: We've spotted 4 warning signs for Mosaic Brands you should be aware of, and 2 of them are a bit unpleasant.
But note: Mosaic Brands may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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