Stock Analysis

Independent Director of Calian Group Valerie Sorbie Buys 360% More Shares

TSX:CGY
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Whilst it may not be a huge deal, we thought it was good to see that the Calian Group Ltd. (TSE:CGY) Independent Director, Valerie Sorbie, recently bought CA$82k worth of stock, for CA$48.27 per share. Even though that isn't a massive buy, it did increase their holding by 360%, which is arguably a good sign.

See our latest analysis for Calian Group

Calian Group Insider Transactions Over The Last Year

In fact, the recent purchase by Valerie Sorbie was the biggest purchase of Calian Group shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is CA$48.35. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Calian Group share holders is that insiders were buying at near the current price.

Over the last year, we can see that insiders have bought 4.57k shares worth CA$217k. On the other hand they divested 367.00 shares, for CA$18k. In the last twelve months there was more buying than selling by Calian Group insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volume
TSX:CGY Insider Trading Volume January 1st 2025

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.

Does Calian Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Our data suggests Calian Group insiders own 1.0% of the company, worth about CA$5.8m. I generally like to see higher levels of ownership.

So What Does This Data Suggest About Calian Group Insiders?

It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Calian Group insiders are expecting a bright future. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 3 warning signs for Calian Group and we suggest you have a look.

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.