Those following along with TDH Holdings, Inc. (NASDAQ:PETZ) will no doubt be intrigued by the recent purchase of shares by Dandan Liu, Chairman & CEO of the company, who spent a stonking US$3.6m on stock at an average price of US$1.20. That increased their holding by a full 141%, which arguably implies the sort of confidence required for a shy sweet-natured nerd to ask the most popular kid in the school to go out on a date.
TDH Holdings Insider Transactions Over The Last Year
In fact, the recent purchase by Dandan Liu was the biggest purchase of TDH Holdings shares made by an insider individual in the last twelve months, according to our records. We do like to see buying, but this purchase was made at well below the current price of US$1.60. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
Dandan Liu purchased 3.71m shares over the year. The average price per share was US$1.16. 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!
See our latest analysis for TDH Holdings
TDH Holdings is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Does TDH 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. It's great to see that TDH Holdings insiders own 63% of the company, worth about US$9.6m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
What Might The Insider Transactions At TDH Holdings Tell Us?
It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about TDH Holdings. One for the watchlist, at least! 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 example, TDH Holdings has 5 warning signs (and 1 which can't be ignored) we think you should know about.
Of course TDH Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
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.