Insider Buyers Lose CA$66k As DelphX Capital Markets Sheds CA$2.4m

Insiders who bought CA$456.2k worth of DelphX Capital Markets Inc.'s (CVE:DELX) stock at an average buy price of CA$0.11 over the last year may be disappointed by the recent 14% decrease in the stock. Insiders purchase with the hope of seeing their investments increase in value over time. However, due to recent losses, their initial investment is now only worth CA$390.2k, which is not great.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for DelphX Capital Markets

DelphX Capital Markets Insider Transactions Over The Last Year

The Non-Executive Independent Director Salim Hasham made the biggest insider purchase in the last 12 months. That single transaction was for CA$204k worth of shares at a price of CA$0.08 each. We do like to see buying, but this purchase was made at well below the current price of CA$0.09. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

While DelphX Capital Markets insiders bought shares during the last year, they didn't sell. The average buy price was around CA$0.11. I'd consider this a positive as it suggests insiders see value at around the current price. 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!

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.

Insider Ownership Of DelphX Capital Markets

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that DelphX Capital Markets insiders own 21% of the company, worth about CA$3.2m. 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?

The fact that there have been no DelphX Capital Markets insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in DelphX Capital Markets and we see no evidence to suggest they are worried about the future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. When we did our research, we found 5 warning signs for DelphX Capital Markets (3 are potentially serious!) that we believe deserve your full attention.

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.

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