Yahoo Finance This Consensus Cloud Solutions Insider Increased Their Holding By 36% Last Year
Viewing insider transactions for Consensus Cloud Solutions, Inc.'s (NASDAQ:CCSI ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Consensus Cloud Solutions
Consensus Cloud Solutions Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when CFO & Principal Accounting Officer James Malone bought US$153k worth of shares at a price of US$33.98 per share. That means that even when the share price was higher than US$12.62 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. James Malone was the only individual insider to buy shares in the last twelve months.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
Consensus Cloud Solutions is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Does Consensus Cloud Solutions Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data indicates that Consensus Cloud Solutions insiders own about US$5.6m worth of shares (which is 2.3% of the company). We do generally prefer see higher levels of insider ownership.
So What Does This Data Suggest About Consensus Cloud Solutions Insiders?
There haven't been any insider transactions in the last three months -- that doesn't mean much. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if Consensus Cloud Solutions insiders bought more shares in the company. While we like knowing 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, Consensus Cloud Solutions has 3 warning signs (and 2 which don't sit too well with us) we think you should know about.
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.
