Chairman Shawn Moniz Just Bought 92% More Shares In Plant & Co. Brands Ltd. (CSE:VEGN)

Potential Plant & Co. Brands Ltd. (CSE:VEGN) shareholders may wish to note that the Chairman, Shawn Moniz, recently bought CA$150k worth of stock, paying CA$0.20 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 92%, potentially signalling some real optimism.

View our latest analysis for Plant Brands

Plant Brands Insider Transactions Over The Last Year

Notably, that recent purchase by Shawn Moniz is the biggest insider purchase of Plant Brands shares that we've seen in the last year. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$0.60. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months Plant Brands insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Plant Brands

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 suggests Plant Brands insiders own 1.8% of the company, worth about CA$735k. However, it's possible that insiders might have an indirect interest through a more complex structure. I generally like to see higher levels of ownership.

So What Do The Plant Brands Insider Transactions Indicate?

The recent insider purchases are heartening. 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 Plant Brands 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 Plant Brands. Be aware that Plant Brands is showing 5 warning signs in our investment analysis, and 3 of those are a bit concerning...

Of course Plant Brands 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, but not derivative transactions.

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