A Visioneering Technologies, Inc. (ASX:VTI) insider increased their holdings by 44% last year




  • In Business
  • 2022-11-25 05:06:27Z
  • By Simply Wall St.
 

From what we can see, insiders were net buyers in Visioneering Technologies, Inc.'s (ASX:VTI ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Visioneering Technologies

The Last 12 Months Of Insider Transactions At Visioneering Technologies

Over the last year, we can see that the biggest insider purchase was by insider Paul Cozzi for AU$686k worth of shares, at about AU$0.97 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being AU$0.30). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Paul Cozzi was the only individual insider to buy during the last year.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, 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.

Insider Ownership Of Visioneering Technologies

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 15% of Visioneering Technologies shares, worth about AU$1.4m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Visioneering Technologies Insider Transactions Indicate?

The fact that there have been no Visioneering Technologies insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in Visioneering Technologies and their transactions don't cause us concern. 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 instance, we've identified 4 warning signs for Visioneering Technologies (3 make us uncomfortable) you should be aware of.

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, but not derivative transactions.

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

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.

Join A Paid User Research Session
You'll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here

COMMENTS

More Related News

With 45% ownership, ikeGPS Group Limited (NZSE:IKE) insiders have a lot at stake
With 45% ownership, ikeGPS Group Limited (NZSE:IKE) insiders have a lot at stake

Every investor in ikeGPS Group Limited ( NZSE:IKE ) should be aware of the most powerful shareholder groups. And the...

A HomeCo Daily Needs REIT (ASX:HDN) insider increased their holdings by 36% last year
A HomeCo Daily Needs REIT (ASX:HDN) insider increased their holdings by 36% last year

From what we can see, insiders were net buyers in HomeCo Daily Needs REIT's ( ASX:HDN ) during the past 12 months. That...

LBG Media plc (LON:LBG) insiders placed bullish bets worth UK£519k in the last 12 months
LBG Media plc (LON:LBG) insiders placed bullish bets worth UK£519k in the last 12 months

Multiple insiders secured a larger position in LBG Media plc ( LON:LBG ) shares over the last 12 months. This is...

One Oakridge International Limited (ASX:OAK) insider upped their stake in the previous year
One Oakridge International Limited (ASX:OAK) insider upped their stake in the previous year

Viewing insider transactions for Oakridge International Limited's ( ASX:OAK ) over the last year, we see that insiders...

As easyJet plc (LON:EZJ) gains 7.4%, insiders who bought last year may be wishing they had bet higher
As easyJet plc (LON:EZJ) gains 7.4%, insiders who bought last year may be wishing they had bet higher

Last week, easyJet plc ( LON:EZJ ) insiders, who had purchased shares in the previous 12 months were rewarded...

Leave a Comment

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

Cancel reply

Comments

  • 토토사이트 도메인
    (2022-11-29 01:55:04Z)

    Our recommended company has Toto Safety Playground, specializing in providing services from Toto site games in Seungmu, under/over and special games. Site verification has been carried out to a high standard by a dedicated food and tour verification team, and has become a major Toto sports playground with no chronic private Toto problems.

    REPLY
  • 안전놀이터 추천
    (2022-11-29 01:55:33Z)

    Our recommended company has Toto Safety Playground, which specializes in providing services from Toto site games to Seungmu, under/over, and special games. The site verification was conducted at a high level by a team specializing in food and run verification, and it became a major sports Toto playground with no chronic problems of private Toto.

    REPLY
  • 토토
    (2022-11-29 01:56:02Z)

    Different sports arenas, private Toto, football stadiums and Toto gaming companies are included in the list of recommendations. You can use useful programs and enjoy playing Toto games online using your phone.

    REPLY

Top News: Business