Stock Analysis

David Powers Is The Independent Director of Solo Brands, Inc. (NYSE:DTC) And Just Spent US$101k On Shares

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Potential Solo Brands, Inc. (NYSE:DTC) shareholders may wish to note that the Independent Director, David Powers, recently bought US$101k worth of stock, paying US$6.49 for each share. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.

See our latest analysis for Solo Brands

Solo Brands Insider Transactions Over The Last Year

The President John Merris made the biggest insider purchase in the last 12 months. That single transaction was for US$440k worth of shares at a price of US$4.95 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$6.38. 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 Solo Brands insiders were buying shares, but not selling. 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!

NYSE:DTC Insider Trading Volume March 18th 2023

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

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. From looking at our data, insiders own US$1.7m worth of Solo Brands stock, about 0.3% of the company. We consider this fairly low insider ownership.

So What Does This Data Suggest About Solo Brands Insiders?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Solo Brands insiders are reasonably well aligned, and optimistic for the 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. You'd be interested to know, that we found 1 warning sign for Solo Brands and we suggest you have a look.

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.

What are the risks and opportunities for Solo Brands?

Solo Brands, Inc. operates a direct-to-consumer platform that offers outdoor and lifestyle branded products in the United States.

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  • Trading at 69.2% below our estimate of its fair value

  • Earnings are forecast to grow 39.33% per year

  • Revenue grew by 28.2% over the past year


  • Volatile share price over the past 3 months

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