BuildDirect.com Technologies Insider Buyers Pleased With US$4.0m Return On Investment

Insiders who bought BuildDirect.com Technologies Inc. (CVE:BILD) stock lover the last 12 months are probably not as affected by last week’s 11% loss. After accounting for the recent loss, the US$1.02m worth of shares they purchased is now worth US$5.05m, suggesting a good return on their investment.

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.

AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.

The Last 12 Months Of Insider Transactions At BuildDirect.com Technologies

Over the last year, we can see that the biggest insider purchase was by Chief Executive Officer Shawn Wilson for CA$581k worth of shares, at about CA$0.43 per share. Even though the purchase was made at a significantly lower price than the recent price (CA$2.20), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 2.29m shares worth CA$1.0m. But they sold 101.30k shares for CA$143k. Overall, BuildDirect.com Technologies insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, 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 BuildDirect.com Technologies

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

Insiders At BuildDirect.com Technologies Have Bought Stock Recently

Over the last three months, we've seen a bit of insider buying at BuildDirect.com Technologies. In total, insiders bought CA$46k worth of shares in that time. However, Chief Financial Officer Kerry Biggs netted CA$2.9k for sales. It is nice to see that insiders have bought, but the quantum isn't large enough to get us excited.

Does BuildDirect.com Technologies Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Our data indicates that BuildDirect.com Technologies insiders own about CA$6.0m worth of shares (which is 5.6% of the company). But they may have an indirect interest through a corporate structure that we haven't picked up on. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At BuildDirect.com Technologies Tell Us?

We note a that there has been a bit of insider buying recently (but no selling). That said, the purchases were not large. But insiders have shown more of an appetite for the stock, over the last year. We'd like to see bigger individual holdings. However, we don't see anything to make us think BuildDirect.com Technologies insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing BuildDirect.com Technologies. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of BuildDirect.com Technologies.

Of course BuildDirect.com Technologies 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.