Independent director Mary Garden has just bought an additional 28% of shares in Dexterra Group Inc. (TSE:DXT)

Although not a big deal, we thought it was good to see that the Dexterra Group Inc. (TSE:DXT) Independent director Mary Garden recently purchased C$66,000 worth of stock, for C$6.22 per share. While we’re hesitant to get overly enthusiastic about a purchase of this size, we do note that it increased their stake by 28%.

Discover our latest analysis for Dexterra Group

The last 12 months of insider trading at Dexterra Group

In fact, the recent purchase by Mary Garden was the largest purchase of Dexterra Group stock by an insider in the past twelve months, according to our records. It is therefore clear that an insider wanted to buy, even at a price higher than the current price of the stock (i.e. C$6.17). It is very possible that they regret the purchase, but it is more likely that they are optimistic about the company. In our view, the price an insider pays for the stock is very important. Generally speaking, it comes to our attention when insiders have bought stocks at higher prices than they are now, as it suggests that they thought the stock was worth buying, even at a higher price.

In the past twelve months, insiders have purchased 43,350 shares for C$276,000. But they sold 6,900 shares for C$54,000. Overall, Dexterra Group Insiders have been net buyers over the past year. The chart below shows insider trading (by companies and individuals) over the past year. If you want to know exactly who sold, how much and when, just click on the chart below!

TSX: DXT Insider Trading Volume August 21, 2022

Dexterra Group isn’t the only insider stock to buy. So take a look at this free list of growing companies with insider buying.

Dexterra Group Insider Ownership

Another way to test alignment between a company’s executives and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely insiders will be incentivized to build the business for the long term. Our data indicates that Dexterra Group insiders own approximately C$6.8 million in stock (or 1.7% of the company). We generally prefer to see higher levels of insider ownership.

So what does this data suggest about Dexterra Group insiders?

Good to see recent purchases. And an analysis of last year’s transactions also gives us confidence. On this analysis, the only slight negative we see is the fairly weak (overall) insider ownership; their trades suggest they are quite positive on Dexterra Group shares. So these insider trades can help us build a thesis on the stock, but it’s also helpful to know the risks this company faces. At Simply Wall St, we have found that Dexterra Group has 3 warning signs (1 is potentially serious!) which deserve your attention before going further in your analysis.

Sure Dexterra Group may not be the best stock to buy. So you might want to see this free set of high quality companies.

For the purposes of this article, insiders are persons who report their transactions to the relevant regulatory body. We currently record open market transactions and private dispositions, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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