Insider Spends US$125k Buying More Shares In Orthofix Medical

Potential Orthofix Medical Inc. (NASDAQ:OFIX) shareholders may wish to note that the President, Massimo Calafiore, recently bought US$125k worth of stock, paying US$12.54 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 24%.

We've discovered 1 warning sign about Orthofix Medical. View them for free.

The Last 12 Months Of Insider Transactions At Orthofix Medical

Notably, that recent purchase by President Massimo Calafiore was not the only time they traded Orthofix Medical shares this year. Earlier in the year, they sold shares at a price ofUS$17.14 per share in a -US$327k transaction. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (US$11.97). So it may not tell us anything about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 23.90k shares worth US$348k. But insiders sold 33.87k shares worth US$564k. All up, insiders sold more shares in Orthofix Medical than they bought, over the last year. They sold for an average price of about US$16.66. It is certainly not great to see that insiders have sold shares in the company. However, we do note that the average sale price was significantly higher than the current share price (which is US$11.97). You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

View our latest analysis for Orthofix Medical

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that Orthofix Medical insiders own about US$6.8m worth of shares (which is 1.5% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

So What Do The Orthofix Medical Insider Transactions Indicate?

It is good to see recent purchasing. But we can't say the same for the transactions over the last 12 months. The transactions over the last year don't give us confidence, and nor does the fairly low insider ownership, but at least the recent buying is a positive. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 1 warning sign for Orthofix Medical 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 of direct interests only, but not derivative transactions or indirect interests.

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