David Vautrin Bought 216% More Shares In FLUENT

Investors who take an interest in FLUENT Corp. (CSE:FNT.U) should definitely note that the Interim Chief Executive Officer, David Vautrin, recently paid US$0.06 per share to buy US$210k worth of the stock. We reckon that's a good sign, especially since the purchase boosted their holding by 216%.

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FLUENT Insider Transactions Over The Last Year

Notably, that recent purchase by David Vautrin is the biggest insider purchase of FLUENT shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of US$0.05. Their view may have changed since then, but at least it shows they felt optimistic at the time. 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.

While FLUENT insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for FLUENT

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

Does FLUENT Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. FLUENT insiders own about US$6.2m worth of shares. That equates to 19% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About FLUENT Insiders?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Given that insiders also own a fair bit of FLUENT we think they are probably pretty confident of a bright 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. Be aware that FLUENT is showing 4 warning signs in our investment analysis, and 3 of those make us uncomfortable...

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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.