When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in SHF Holdings, Inc.'s (NASDAQ:SHFS) instance, it's good news for shareholders.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for SHF Holdings
SHF Holdings Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Board Secretary & Chief Legal Officer Donald Emmi bought US$53k worth of shares at a price of US$0.38 per share. Even though the purchase was made at a significantly lower price than the recent price (US$0.63), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
In the last twelve months SHF Holdings insiders were buying shares, but not selling. They paid about US$0.43 on average. It is certainly positive to see that insiders have invested their own money in the company. However, we do note that they were buying at significantly lower prices than today's share price. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
SHF Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Does SHF Holdings Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. From our data, it seems that SHF Holdings insiders own 11% of the company, worth about US$3.5m. However, it's possible that insiders might have an indirect interest through a more complex structure. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
So What Does This Data Suggest About SHF Holdings Insiders?
The fact that there have been no SHF Holdings insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. The transactions are fine but it'd be more encouraging if SHF Holdings insiders bought more shares in the company. 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. For instance, we've identified 3 warning signs for SHF Holdings (1 shouldn't be ignored) you should be aware of.