Yahoo Finance Gary Kremen Bought 12% More Shares In Identiv
Investors who take an interest in Identiv, Inc. (NASDAQ:INVE) should definitely note that the Independent Director, Gary Kremen, recently paid US$4.14 per share to buy US$104k worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 12%.
Check out our latest analysis for Identiv
Identiv Insider Transactions Over The Last Year
Notably, that recent purchase by Gary Kremen is the biggest insider purchase of Identiv shares that we've seen in the last year. That implies that an insider found the current price of US$4.21 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Identiv share holders is that insiders were buying at near the current price.
Identiv insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart 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 undervalued small cap companies that insiders are buying.
Insider Ownership
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 5.6% of Identiv shares, worth about US$5.5m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
So What Do The Identiv Insider Transactions Indicate?
It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give 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 Identiv insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Identiv. When we did our research, we found 4 warning signs for Identiv (1 makes us a bit uncomfortable!) that we believe deserve your full attention.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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 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.
