This Definitive Healthcare Insider Increased Their Holding By 336% Last Year \
Insiders were net buyers of Definitive Healthcare Corp.'s (NASDAQ:DH ) stock during the past year. That is, insiders bought more stock than they sold.
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.
Check out our latest analysis for Definitive Healthcare
The Last 12 Months Of Insider Transactions At Definitive Healthcare
The Founder & Executive Chairman Jason Krantz made the biggest insider purchase in the last 12 months. That single transaction was for US$5.2m worth of shares at a price of US$11.54 each. That means that even when the share price was higher than US$9.12 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Jason Krantz was the only individual insider to buy during the last year.
The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
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
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that Definitive Healthcare insiders own 0.6% of the company, worth about US$8.1m. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
What Might The Insider Transactions At Definitive Healthcare Tell Us?
The fact that there have been no Definitive Healthcare insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if Definitive Healthcare insiders bought more shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Definitive Healthcare. You'd be interested to know, that we found 1 warning sign for Definitive Healthcare and we suggest you have a look.
But note: Definitive Healthcare 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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