Anyone interested in Identiv, Inc. (NASDAQ:INVE) should probably be aware that the Independent Director, Nina Shapiro, recently divested US$111k worth of shares in the company, at an average price of US$7.38 each. The eyebrow raising move amounted to a reduction of 24% in their holding.
The Last 12 Months Of Insider Transactions At Identiv
Notably, that recent sale by Nina Shapiro is the biggest insider sale of Identiv shares that we've seen in the last year. That means that an insider was selling shares at around the current price of US$7.38. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.
Insiders in Identiv didn't buy any shares in 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!
I will like Identiv better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
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. From looking at our data, insiders own US$4.9m worth of Identiv stock, about 3.6% of the company. I generally like to see higher levels of ownership.
So What Does This Data Suggest About Identiv Insiders?
Insiders sold stock recently, but they haven't been buying. Looking to the last twelve months, our data doesn't show any insider buying. When you combine this with the relatively low insider ownership, we are very cautious about the stock. So we'd only buy after very careful consideration. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Identiv. While conducting our analysis, we found that Identiv has 2 warning signs and it would be unwise to ignore them.
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.
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This article by Simply Wall St is general in nature. 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.
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