An Insider Of Uniserve Communications Picks Up 10% More Stock

Potential Uniserve Communications Corporation (CVE:USS) shareholders may wish to note that insider Michael Scholz recently bought CA$450k worth of stock, paying CA$0.30 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 10%.

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The Last 12 Months Of Insider Transactions At Uniserve Communications

In fact, the recent purchase by Michael Scholz was the biggest purchase of Uniserve Communications shares made by an insider individual in the last twelve months, according to our records. We do like to see buying, but this purchase was made at well below the current price of CA$0.45. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Uniserve Communications insiders may have bought shares in the last year, but they didn't sell any. Their average price was about CA$0.19. It is certainly positive to see that insiders have invested their own money in the company. However, we do note that they were buying at significantly lower prices than today's share price. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for Uniserve Communications

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Uniserve Communications

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Uniserve Communications insiders own about CA$7.1m worth of shares (which is 56% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Uniserve Communications Insider Transactions Indicate?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. When combined with notable insider ownership, these factors suggest Uniserve Communications insiders are well aligned, and quite possibly think the share price is too low. Nice! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Uniserve Communications. Every company has risks, and we've spotted 3 warning signs for Uniserve Communications (of which 2 are a bit unpleasant!) you should know about.

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 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.