Stock Analysis

One Definitive Healthcare Corp. (NASDAQ:DH) insider upped their stake by 336% in the previous year

NasdaqGS:DH
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Looking at Definitive Healthcare Corp.'s (NASDAQ:DH ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Definitive Healthcare

Definitive Healthcare Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Founder & Executive Chairman Jason Krantz for US$5.2m worth of shares, at about US$11.54 per share. That implies that an insider found the current price of US$12.30 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 Definitive Healthcare insider decided to buy shares at close to current prices. Jason Krantz was the only individual insider to buy during the last year.

The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
NasdaqGS:DH Insider Trading Volume March 5th 2023

Definitive Healthcare is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Definitive Healthcare Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Our data indicates that Definitive Healthcare insiders own about US$9.6m worth of shares (which is 0.5% of the company). We do generally prefer see higher levels of insider ownership.

So What Do The Definitive Healthcare Insider Transactions Indicate?

The fact that there have been no Definitive Healthcare insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. The transactions are fine but it'd be more encouraging if Definitive Healthcare insiders bought more shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Definitive Healthcare. To that end, you should learn about the 3 warning signs we've spotted with Definitive Healthcare (including 1 which is potentially serious).

Of course Definitive Healthcare 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, but not derivative transactions.

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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.