Buyers inside Wildpack Beverage are likely disappointed by the 10.0% drop\

Insiders who bought $1.4 million worth of Wildpack Beverage Inc. (CVE:CANS) at an average buy price of $1.02 over the past year may be disappointed with the stock’s recent 10.0% decline. Insiders buy in the hope that their investments will increase in value over time. However, due to recent losses, their initial investment is now only worth US$189,000, which isn’t huge.

While insider trading isn’t the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider trading altogether.

See our latest analysis for Wildpack Beverage

Wildpack Beverage Insider Transactions Over the Last Year

Over the past year, we can see that the biggest insider buy was made by insider Kimberly Murray for C$1.4 million worth of shares, at around C$1.10 per share. This means that an insider was happy to buy shares above the current price of C$0.14. It is very possible that they regret the purchase, but it is more likely that they are optimistic about the company. In our view, the price an insider pays for a stock is very important. Generally, we are more positive about a stock if insiders bought the stock above current prices, as this suggests they viewed the stock as good value, even at a higher price.

Wildpack Beverage insiders may have bought shares over the past year, but they haven’t sold any. You can see insider trading (by companies and individuals) over the past year illustrated in the table below. If you want to know exactly who sold, how much and when, just click on the chart below!

volume-of-insider-trading

There are many other companies whose insiders buy shares. You probably do not want to miss this free list of growing companies insiders are buying.

Are Wildpack Beverage Insiders Buying or Selling?

Insiders only bought C$4,000 worth of stock at that time. It’s not much at all. Overall, we don’t think these recent transactions are particularly informative, one way or another.

Insider ownership

For an ordinary shareholder, it is worth checking how many shares are held by company insiders. High insider participation often makes company management more concerned with the interests of shareholders. Insiders own 36% of the shares of Wildpack Beverage, worth approximately C$5.5 million. This level of insider ownership is good, but just short of being particularly noteworthy. This certainly suggests a reasonable degree of alignment.

What could insider trading at Wildpack Beverage tell us?

We note that there has been a bit of insider buying recently (but no selling). Overall, the purchase is not worth writing about. However, our analysis of transactions over the past year is encouraging. Insiders have a stake in Wildpack Beverage and their transactions are of no concern to us. So, while it is useful to know what insiders are doing in terms of buying or selling, it is also useful to know the risks that a particular company faces. To help you, we found 4 warning signs (2 are a bit of a concern!) that you should be aware of before buying shares of Wildpack Beverage.

Of course, you might find a fantastic investment by looking elsewhere. So take a look at this free list of interesting companies.

For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.

Feedback on this article? Concerned about content? Enter into a contract with us directly. You can also email the editorial team (at) Simplywallst.com.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

Join a Paid User Research Session
You will receive a $30 Amazon Gift Card for 1 hour of your time while helping us create better investment tools for individual investors like you. register here

Add a Comment

Your email address will not be published. Required fields are marked *