Yahoo Finance Nicholas Mather Is The MD, CEO & Director of DGR Global Limited (ASX:DGR) And They Just Picked Up 25% More Shares
Investors who take an interest in DGR Global Limited (ASX:DGR) should definitely note that the MD, CEO & Director, Nicholas Mather, recently paid AU$0.037 per share to buy AU$386k worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 25%.
See our latest analysis for DGR Global
The Last 12 Months Of Insider Transactions At DGR Global
Notably, that recent purchase by Nicholas Mather is the biggest insider purchase of DGR Global shares that we've seen in the last year. Even though the purchase was made at a significantly lower price than the recent price (AU$0.056), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
In the last twelve months DGR Global insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
DGR Global is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership of DGR Global
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that DGR Global insiders own 16% of the company, worth about AU$6.9m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Do The DGR Global Insider Transactions Indicate?
It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. But we don't feel the same about the fact the company is making losses. Given that insiders also own a fair bit of DGR Global we think they are probably pretty confident of a bright future. 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. At Simply Wall St, we've found that DGR Global has 5 warning signs (1 is significant!) that deserve your attention before going any further with your analysis.
Of course DGR Global may not be the best stock to buy. So you may wish to see this free collection of high quality 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. Thank you for reading.
