DelphX Capital Markets Insiders Are Down CA$41k But Regain Some Losses

Insiders who bought CA$223.3k worth of DelphX Capital Markets Inc. (CVE:DELX) stock in the last year have seen some of their losses recouped as the stock gained 25% last week. The purchase, however, has proven to be a pricey bet, with losses currently totalling CA$41k.

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.

We've discovered 5 warning signs about DelphX Capital Markets. View them for free.

The Last 12 Months Of Insider Transactions At DelphX Capital Markets

In the last twelve months, the biggest single purchase by an insider was when Non-Executive Independent Director Salim Hasham bought CA$75k worth of shares at a price of CA$0.09 per share. That means that even when the share price was higher than CA$0.075 (the recent price), an insider wanted to purchase shares. 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. We always take careful note of the price insiders pay when purchasing 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.

DelphX Capital Markets insiders may have bought shares in the last year, but they didn't sell any. 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!

Check out our latest analysis for DelphX Capital Markets

DelphX Capital Markets is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

DelphX Capital Markets Insiders Bought Stock Recently

There was some insider buying at DelphX Capital Markets over the last quarter. Insiders purchased CA$38k worth of shares in that period. It's good to see the insider buying, as well as the lack of recent sellers. But in this case the amount purchased means the recent transaction may not be very meaningful on its own.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 19% of DelphX Capital Markets shares, worth about CA$2.7m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At DelphX Capital Markets Tell Us?

We note a that there has been a bit of insider buying recently (but no selling). The net investment is not enough to encourage us much. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in DelphX Capital Markets and their transactions don't cause us concern. 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. Be aware that DelphX Capital Markets is showing 5 warning signs in our investment analysis, and 3 of those are potentially serious...

Of course DelphX Capital Markets may not be the best stock to buy. So you may wish to see this free collection of high quality 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.