Ellen Siminoff Bought 17% More Shares In BigCommerce Holdings

Potential BigCommerce Holdings, Inc. (NASDAQ:BIGC) shareholders may wish to note that the Executive Chairman, Ellen Siminoff, recently bought US$148k worth of stock, paying US$6.46 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 17%.

View our latest analysis for BigCommerce Holdings

BigCommerce Holdings Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the insider, Brent Bellm, for US$266k worth of shares, at about US$8.35 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$6.76). So it is hard to draw any strong conclusion from it.

Over the last year we saw more insider selling of BigCommerce Holdings shares, than buying. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

I will like BigCommerce Holdings better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does BigCommerce Holdings Boast High Insider Ownership?

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. BigCommerce Holdings insiders own about US$92m worth of shares. That equates to 17% of the company. 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 Do The BigCommerce Holdings Insider Transactions Indicate?

The recent insider purchase is heartening. But we can't say the same for the transactions over the last 12 months. While recent transactions indicate confidence in BigCommerce Holdings, insiders don't own enough of the company to overcome our cautiousness about the longer term transactions. Overall they seem reasonably aligned. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for BigCommerce Holdings.

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 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.