A Identiv, Inc. (NASDAQ:INVE) insider increased their holdings last year
From what we can see, insiders were net buyers in Identiv, Inc.'s (NASDAQ:INVE ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Identiv
The Last 12 Months Of Insider Transactions At Identiv
In the last twelve months, the biggest single purchase by an insider was when CFO, Principal Accounting Officer Justin Scarpulla bought US$100k worth of shares at a price of US$15.36 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$7.98). It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Justin Scarpulla was the only individual insider to buy during the last year.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. 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.
Does Identiv 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. From looking at our data, insiders own US$4.7m worth of Identiv stock, about 2.6% of the company. We prefer to see high levels of insider ownership.
So What Do The Identiv Insider Transactions Indicate?
It doesn't really mean much that no insider has traded Identiv shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. The transactions are fine but it'd be more encouraging if Identiv insiders bought more shares in the company. Of course, the future is what matters most. So if you are interested in Identiv, you should check out this free report on analyst forecasts for the company.
But note: Identiv 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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