President of Solo Brands Christopher Metz Buys 100% More Shares

Potential Solo Brands, Inc. (NYSE:DTC) shareholders may wish to note that the President, Christopher Metz, recently bought US$325k worth of stock, paying US$1.30 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 100%, potentially signalling some real optimism.

Check out our latest analysis for Solo Brands

The Last 12 Months Of Insider Transactions At Solo Brands

The insider, Somer Webb, made the biggest insider sale in the last 12 months. That single transaction was for US$471k worth of shares at a price of US$4.35 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$1.28. So it may not tell us anything about how insiders feel about the current share price. Somer Webb was the only individual insider to sell shares in the last twelve months.

Christopher Metz bought a total of 500.00k shares over the year at an average price of US$1.69. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. 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. 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

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. From looking at our data, insiders own US$1.2m worth of Solo Brands stock, about 1.0% of the company. We prefer to see high levels of insider ownership.

What Might The Insider Transactions At Solo Brands Tell Us?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. But we don't feel the same about the fact the company is making losses. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Solo Brands insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Solo Brands. For instance, we've identified 2 warning signs for Solo Brands (1 is a bit concerning) you should be aware of.

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.