Even if it's not a huge purchase, we think it was good to see that Darcy Antonellis, the Independent Director of Xperi Inc. (NYSE:XPER) recently shelled out US$90k to buy stock, at US$8.55 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 27%.
Xperi Insider Transactions Over The Last Year
In fact, the recent purchase by Darcy Antonellis was the biggest purchase of Xperi shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of US$8.90 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider purchases were made at close to current prices.
While Xperi insiders bought shares during the last year, they didn't sell. 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!
Xperi is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 1.3% of Xperi shares, worth about US$5.3m, according to our data. We do generally prefer see higher levels of insider ownership.
So What Do The Xperi Insider Transactions Indicate?
The recent insider purchases are heartening. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Xperi insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Xperi. At Simply Wall St, we found 2 warning signs for Xperi that deserve your attention before buying any shares.
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.