Trade Alert: The Independent Vice Chairman of the Board Of H2O Innovation Inc. (CVE:HEO), Richard Hoel, Has Sold Some Shares Recently

Some H2O Innovation Inc. (CVE:HEO) shareholders may be a little concerned to see that the Independent Vice Chairman of the Board, Richard Hoel, recently sold a substantial CA$1.9m worth of stock at a price of CA$2.10 per share. That's a big disposal, and it decreased their holding size by 33%, which is notable but not too bad.

Check out our latest analysis for H2O Innovation

The Last 12 Months Of Insider Transactions At H2O Innovation

Notably, that recent sale by Richard Hoel is the biggest insider sale of H2O Innovation shares that we've seen in the last year. That means that an insider was selling shares at around the current price of CA$1.99. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

H2O Innovation insiders didn't buy any shares over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Does H2O Innovation Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data indicates that H2O Innovation insiders own about CA$10m worth of shares (which is 6.3% of the company). We do generally prefer see higher levels of insider ownership.

So What Do The H2O Innovation Insider Transactions Indicate?

Insiders sold H2O Innovation shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. While insiders do own shares, they don't own a heap, and they have been selling. We're in no rush to buy! 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. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of H2O Innovation.

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.

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This article by Simply Wall St is general in nature. 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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