The Director of Perimeter Medical Imaging AI, Inc. (CVE:PINK), Douglas Janzen, Just Bought 60% More Shares

Potential Perimeter Medical Imaging AI, Inc. (CVE:PINK) shareholders may wish to note that the Director, Douglas Janzen, recently bought CA$215k worth of stock, paying CA$4.30 for each share. We reckon that's a good sign, especially since the purchase boosted their holding by 60%.

Check out our latest analysis for Perimeter Medical Imaging AI

The Last 12 Months Of Insider Transactions At Perimeter Medical Imaging AI

In fact, the recent purchase by Douglas Janzen was the biggest purchase of Perimeter Medical Imaging AI shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being CA$4.00). It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

Perimeter Medical Imaging AI insiders may have bought shares in the last year, but they didn't sell any. Their average price was about CA$3.38. Although they bought at below the recent share price, it is good to see that insiders are willing to invest in the company. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. 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 growing companies that insiders are buying.

Insider Ownership of Perimeter Medical Imaging AI

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data isn't picking up on much insider ownership at Perimeter Medical Imaging AI, though insiders do hold about CA$1.2m worth of shares. This level of insider ownership is notably low, and not very encouraging.

So What Does This Data Suggest About Perimeter Medical Imaging AI Insiders?

It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Perimeter Medical Imaging AI insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Perimeter Medical Imaging AI. Our analysis shows 3 warning signs for Perimeter Medical Imaging AI (1 doesn't sit too well with us!) and we strongly recommend you look at these before investing.

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, but not derivative transactions.

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