Yahoo Finance One Gamehost Inc. (TSE:GH) insider upped their stake by 0.5% in the previous year
Viewing insider transactions for Gamehost Inc.'s (TSE:GH ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Gamehost
Gamehost Insider Transactions Over The Last Year
The VP, Secretary & Director Darcy Will made the biggest insider purchase in the last 12 months. That single transaction was for CA$69k worth of shares at a price of CA$7.57 each. That implies that an insider found the current price of CA$8.20 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Gamehost insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Darcy Will.
Darcy Will bought a total of 22.10k shares over the year at an average price of CA$7.83. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Gamehost insiders own about CA$71m worth of shares. That equates to 38% 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 Does This Data Suggest About Gamehost Insiders?
It doesn't really mean much that no insider has traded Gamehost shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. Insiders do have a stake in Gamehost and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Gamehost. For example, Gamehost has 3 warning signs (and 1 which can't be ignored) we think you should know about.
But note: Gamehost 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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