Despite Recent Gains, Dominari Holdings Insiders Are Still Down US$90k

Some of the losses seen by insiders who purchased US$338.2k worth of Dominari Holdings Inc. (NASDAQ:DOMH) shares over the past year were recovered after the stock increased by 13% over the past week. However, total losses seen by insiders are still US$90k since the time of purchase.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Dominari Holdings

The Last 12 Months Of Insider Transactions At Dominari Holdings

In the last twelve months, the biggest single purchase by an insider was when CEO & Chairman Anthony Hayes bought US$140k worth of shares at a price of US$2.00 per share. That means that an insider was happy to buy shares at above the current price of US$1.72. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

While Dominari Holdings insiders bought shares during the last year, they didn't sell. The average buy price was around US$2.34. This is nice to see since it implies that insiders might see value around current prices. 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!

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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Dominari Holdings insiders own 35% of the company, worth about US$3.8m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Dominari Holdings Insiders?

The fact that there have been no Dominari Holdings insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Dominari Holdings and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Dominari Holdings. Every company has risks, and we've spotted 4 warning signs for Dominari Holdings (of which 2 are concerning!) you should know about.

Of course Dominari Holdings 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.

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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.