Have Insiders Sold NorthStar Gaming Holdings Shares Recently?

We note that a NorthStar Gaming Holdings Inc. (CVE:BET) insider, Paul Rivett, recently sold CA$86k worth of stock for CA$0.037 per share. However we note that the sale only shrunk their holding by 8.0%.

Check out our latest analysis for NorthStar Gaming Holdings

The Last 12 Months Of Insider Transactions At NorthStar Gaming Holdings

Notably, that recent sale by Paul Rivett is the biggest insider sale of NorthStar Gaming Holdings shares that we've seen in the last year. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of CA$0.035. So it is hard to draw any strong conclusion from it.

In the last twelve months insiders purchased 935.43k shares for CA$92k. But they sold 2.33m shares for CA$86k. In the last twelve months there was more buying than selling by NorthStar Gaming Holdings insiders. They paid about CA$0.098 on average. I'd consider this a positive as it suggests insiders see value at around the current price. 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!

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. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that NorthStar Gaming Holdings insiders own 40% of the company, worth about CA$2.9m. 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 Does This Data Suggest About NorthStar Gaming Holdings Insiders?

The insider sales have outweighed the insider buying, at NorthStar Gaming Holdings, in the last three months. In contrast, they appear keener if you look at the last twelve months. We like that insiders own a fair amount of the company. So we're happy enough to look past some selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing NorthStar Gaming Holdings. When we did our research, we found 6 warning signs for NorthStar Gaming Holdings (4 shouldn't be ignored!) that we believe deserve your full attention.

But note: NorthStar Gaming Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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.