Paragon 28 Insider Ups Holding During Year
Insiders were net buyers of Paragon 28, Inc.'s (NYSE:FNA ) 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 Paragon 28
Paragon 28 Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Co-Founder Albert DaCosta bought US$260k worth of shares at a price of US$8.51 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$13.94. 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.
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.
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. It's great to see that Paragon 28 insiders own 24% of the company, worth about US$291m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
So What Does This Data Suggest About Paragon 28 Insiders?
It doesn't really mean much that no insider has traded Paragon 28 shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. With high insider ownership and encouraging transactions, it seems like Paragon 28 insiders think the business has merit. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Paragon 28. Every company has risks, and we've spotted 3 warning signs for Paragon 28 you should know about.
But note: Paragon 28 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.
