Stock Analysis

Despite Relmada Therapeutics, Inc.'s recent decline, insiders have made a around US$39k profit after buying earlier this year.

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Insiders who bought Relmada Therapeutics, Inc. (NASDAQ:RLMD) in the last 12 months may probably not pay attention to the stock's recent 15% drop. Even after accounting for the recent loss, the US$116k worth of stock purchased by them is now worth US$155k or in other words, their investment continues to give good returns.

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.

Check out our latest analysis for Relmada Therapeutics

The Last 12 Months Of Insider Transactions At Relmada Therapeutics

Over the last year, we can see that the biggest insider purchase was by CEO & Director Sergio Traversa for US$116k worth of shares, at about US$2.10 per share. We do like to see buying, but this purchase was made at well below the current price of US$2.81. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

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!

NasdaqGS:RLMD Insider Trading Volume March 15th 2023

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

Insider Ownership

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 7.8% of Relmada Therapeutics shares, worth about US$6.5m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

What Might The Insider Transactions At Relmada Therapeutics Tell Us?

It doesn't really mean much that no insider has traded Relmada Therapeutics shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if Relmada Therapeutics insiders bought more shares in the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example, Relmada Therapeutics has 5 warning signs (and 1 which is a bit concerning) we think you should know about.

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, but not derivative transactions.

Valuation is complex, but we're helping make it simple.

Find out whether Relmada Therapeutics is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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