From what we can see, insiders were net buyers in Distribution Solutions Group, Inc.'s (NASDAQ:DSGR ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.
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.
Distribution Solutions Group Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when President & CEO of Lawson Products Cesar Lanuza bought US$249k worth of shares at a price of US$25.98 per share. We do like to see buying, but this purchase was made at well below the current price of US$32.22. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
Cesar Lanuza bought 9.90k shares over the last 12 months at an average price of US$25.64. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Distribution Solutions Group Boast High Insider Ownership?
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Insiders own 1.8% of Distribution Solutions Group shares, worth about US$28m. 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 Does This Data Suggest About Distribution Solutions Group Insiders?
It doesn't really mean much that no insider has traded Distribution Solutions Group shares in the last quarter. However, our analysis of transactions over the last year is heartening. Insiders own shares in Distribution Solutions Group and we see no evidence to suggest they are worried about the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Distribution Solutions Group. Every company has risks, and we've spotted 2 warning signs for Distribution Solutions Group (of which 1 doesn't sit too well with us!) 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.