Highlights
- Insiders purchased more shares than they divested over the past year.
- Insider ownership stands at a significant 42% of the company.
- Recent insider transaction trends show confidence in future prospects.
Despite the recent 16% dip in share price, insiders of Oneview Healthcare PLC (ASX:ONE) have made significant purchases over the past year, showing optimism about the company’s potential. Notably, CFO & Executive Director Darragh Lyons acquired AU$149k worth of shares at approximately AU$0.32 each, surpassing the current share price of AU$0.24. This suggests a belief in the company’s promising future, given the commitment to buy at a higher price.
Over the last year, insiders acquired 1.04 million shares valued at AU$328k, while divesting 337.93k shares for AU$102k. This overall purchase activity indicates a stronger inclination toward holding the stock, reflecting insiders’ positive sentiment toward the company's direction. The total insider ownership of 42% further aligns management's interests with those of other shareholders, currently valuing their stake at approximately AU$78 million.
Despite no recent insider transactions, the past activities remain encouraging. It highlights the alignment of insiders’ interests with other stakeholders. This alignment appears promising for the anticipated growth and trajectory of Oneview Healthcare.
For those keen on discovering more about Oneview Healthcare's future prospects, an additional free report on analyst forecasts for the company is available. While exploring potential stock purchases, investigating lesser-known companies with insider buying could be beneficial.