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The Independent Chair of the Board of Badger Infrastructure Solutions Ltd. (TSE:BDGI), Glen Roane, Just Bought 12% More Shares

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Potential Badger Infrastructure Solutions Ltd. (TSE:BDGI) shareholders may wish to note that the Independent Chair of the Board, Glen Roane, recently bought CA$331k worth of stock, paying CA$33.09 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 12%.

See our latest analysis for Badger Infrastructure Solutions

The Last 12 Months Of Insider Transactions At Badger Infrastructure Solutions

Notably, that recent purchase by Independent Chair of the Board Glen Roane was not the only time they bought Badger Infrastructure Solutions shares this year. Earlier in the year, they paid CA$36.42 per share in a CA$729k purchase. That means that an insider was happy to buy shares at above the current price of CA$32.89. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. Notably Glen Roane was also the biggest seller.

Over the last year, we can see that insiders have bought 74.05k shares worth CA$2.5m. But insiders sold 29.01k shares worth CA$764k. In the last twelve months there was more buying than selling by Badger Infrastructure Solutions insiders. 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!

insider-trading-volume
insider-trading-volume

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

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 0.8% of Badger Infrastructure Solutions shares, worth about CA$9.0m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Do The Badger Infrastructure Solutions Insider Transactions Indicate?

The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Badger Infrastructure Solutions insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Badger Infrastructure Solutions. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Badger Infrastructure Solutions.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.