Brightcove Insider Ups Holding By 18% During Year

From what we can see, insiders were net buyers in Brightcove Inc.'s (NASDAQ:BCOV ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Brightcove

The Last 12 Months Of Insider Transactions At Brightcove

The CEO & Director Marc DeBevoise made the biggest insider purchase in the last 12 months. That single transaction was for US$51k worth of shares at a price of US$2.03 each. We do like to see buying, but this purchase was made at well below the current price of US$2.39. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Marc DeBevoise bought 45.00k shares over the last 12 months at an average price of US$2.23. 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!

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Brightcove

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. Based on our data, Brightcove insiders have about 3.0% of the stock, worth approximately US$2.9m. We prefer to see high levels of insider ownership.

What Might The Insider Transactions At Brightcove Tell Us?

The fact that there have been no Brightcove insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Brightcove stock. 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. For example - Brightcove has 2 warning signs we think you should be aware of.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com