Investors who take an interest in CardieX Limited (ASX:CDX) should definitely note that insider Paul Cozzi recently paid AU$0.027 per share to buy AU$459k worth of the stock. That’s a very solid buy in our book, and increased their holding by a noteworthy 21%.
The Last 12 Months Of Insider Transactions At CardieX
In fact, the recent purchase by Paul Cozzi was the biggest purchase of CardieX 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 AU$0.027 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it’s a good sign on balance, but keep in mind they may no longer see value. The good news for CardieX share holders is that an insider was buying at near the current price. Paul Cozzi was the only individual insider to buy shares in the last twelve months. Notably Paul Cozzi was also the biggest seller.
The chart below shows insider transactions (by individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).