Donald Emmi Bought 22% More Shares In SHF Holdings
Whilst it may not be a huge deal, we thought it was good to see that the SHF Holdings, Inc. (NASDAQ:SHFS) Board Secretary & Chief Legal Officer, Donald Emmi, recently bought US$57k worth of stock, for US$0.87 per share. That purchase might not be huge but it did increase their holding by 22%.
See our latest analysis for SHF Holdings
SHF Holdings Insider Transactions Over The Last Year
Notably, that recent purchase by Donald Emmi is the biggest insider purchase of SHF Holdings shares that we've seen in the last year. We do like to see buying, but this purchase was made at well below the current price of US$1.00. 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.
While SHF Holdings insiders bought shares during the last year, they didn't sell. They paid about US$0.54 on average. To my mind it is good 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 a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
SHF Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Does SHF Holdings Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 8.6% of SHF Holdings shares, worth about US$3.6m, according to our data. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We do generally prefer see higher levels of insider ownership.
So What Do The SHF Holdings Insider Transactions Indicate?
It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. But we don't feel the same about the fact the company is making losses. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that SHF Holdings insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing SHF Holdings. At Simply Wall St, we've found that SHF Holdings has 3 warning signs (1 is concerning!) that deserve your attention before going any further with your analysis.
But note: SHF Holdings 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 of direct interests only, but not derivative transactions or indirect interests.
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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.
