Trade Alert: The President Of Diebold Nixdorf, Incorporated (NYSE:DBD), Octavio Marquez, Has Just Spent US$68k Buying 9.3% More Shares
Whilst it may not be a huge deal, we thought it was good to see that the Diebold Nixdorf, Incorporated (NYSE:DBD) President, Octavio Marquez, recently bought US$68k worth of stock, for US$2.28 per share. Although the purchase is not a big one, increasing their shareholding by only 9.3%, it can be interpreted as a good sign.
Check out our latest analysis for Diebold Nixdorf
Diebold Nixdorf Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by Lead Independent Director Arthur Anton for US$293k worth of shares, at about US$2.93 per share. That means that an insider was happy to buy shares at above the current price of US$2.45. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
Over the last year, we can see that insiders have bought 286.54k shares worth US$772k. But insiders sold 8.50k shares worth US$28k. In total, Diebold Nixdorf insiders bought more than they sold over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
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 Diebold Nixdorf 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 3.8% of Diebold Nixdorf shares, worth about US$7.3m, according to our data. Whilst better than nothing, we're not overly impressed by these holdings.
What Might The Insider Transactions At Diebold Nixdorf Tell Us?
The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. 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 Diebold Nixdorf insiders are reasonably well aligned, and optimistic for the future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example, Diebold Nixdorf has 3 warning signs (and 1 which is potentially serious) we think you should know about.
Of course Diebold Nixdorf may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
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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