A Cvent Holding Corp. (NASDAQ:CVT) insider increased their holdings by 57% last year
Insiders were net buyers of Cvent Holding Corp.'s (NASDAQ:CVT ) stock during the past year. That is, insiders bought more stock than they sold.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for Cvent Holding
The Last 12 Months Of Insider Transactions At Cvent Holding
Over the last year, we can see that the biggest insider purchase was by Independent Director James Frankola for US$110k worth of shares, at about US$5.55 per share. Even though the purchase was made at a significantly lower price than the recent price (US$8.43), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
James Frankola bought 42.80k shares over the last 12 months at an average price of US$4.91. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
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.
Insiders At Cvent Holding Have Sold Stock Recently
Over the last three months, we've seen a bit of insider selling at Cvent Holding. CFO & Senior VP William Newman only netted US$32k selling shares, in that period. Neither the lack of buying nor the presence of selling is heartening. But the volume sold is so low that it really doesn't bother us.
Does Cvent Holding 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. We usually like to see fairly high levels of insider ownership. Cvent Holding insiders own 9.4% of the company, currently worth about US$387m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About Cvent Holding Insiders?
While there has not been any insider buying in the last three months, there has been selling. But the sales were small, so we're not concerned. However, our analysis of transactions over the last year is heartening. With high insider ownership and encouraging transactions, it seems like Cvent Holding insiders think the business has merit. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 1 warning sign for Cvent Holding you should know about.
Of course Cvent Holding may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
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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