Odd Burger Insider Purchases Yet To Pay Off Regardless Of Recent Strength

Insiders who bought CA$287.5k worth of Odd Burger Corporation (CVE:ODD) stock in the last year recovered part of their losses as the stock rose by 10.0% last week. However, the purchase is proving to be a costly gamble, since losses made by insiders have totalled CA$98k since the time of purchase.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Odd Burger

Odd Burger Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Independent Director Francois Arbour bought CA$100k worth of shares at a price of CA$0.25 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being CA$0.17). 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. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

In the last twelve months Odd Burger insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Odd Burger is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider 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. It's great to see that Odd Burger insiders own 52% of the company, worth about CA$7.8m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Odd Burger Tell Us?

The fact that there have been no Odd Burger insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Judging from their transactions, and high insider ownership, Odd Burger insiders feel good about the company's future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Odd Burger. Be aware that Odd Burger is showing 6 warning signs in our investment analysis, and 3 of those can't be ignored...

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.