Even though Bioventus Inc.'s (NASDAQ:BVS) stock is down 6.1% this week, insiders who bought lately made a US$27k profit

By
Simply Wall St
Published
January 19, 2022
NasdaqGS:BVS
Source: Shutterstock

Insiders who bought Bioventus Inc. (NASDAQ:BVS) stock lover the last 12 months are probably not as affected by last week’s 6.1% loss. After accounting for the recent loss, the US$292k worth of shares they purchased is now worth US$318k, suggesting a good return on their investment.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Bioventus

Bioventus Insider Transactions Over The Last Year

The CEO & Director Kenneth Reali made the biggest insider purchase in the last 12 months. That single transaction was for US$122k worth of shares at a price of US$13.00 each. That implies that an insider found the current price of US$14.35 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Bioventus insiders decided to buy shares at close to current prices.

In the last twelve months Bioventus 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!

insider-trading-volume
NasdaqGS:BVS Insider Trading Volume January 19th 2022

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 of Bioventus

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 what we can see in our data, insiders own only about US$305k worth of Bioventus shares. We might be missing something but that seems like very low insider ownership.

So What Does This Data Suggest About Bioventus Insiders?

There haven't been any insider transactions in the last three months -- that doesn't mean much. However, our analysis of transactions over the last year is heartening. The transactions are fine but it'd be more encouraging if Bioventus insiders bought more shares in the company. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

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.

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