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A Voxtur Analytics Corp. (CVE:VXTR) insider increased their holdings by 61% last year

From what we can see, insiders were net buyers in Voxtur Analytics Corp.'s (CVE:VXTR ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Voxtur Analytics

The Last 12 Months Of Insider Transactions At Voxtur Analytics

Over the last year, we can see that the biggest insider purchase was by insider Alan Qureshi for CA$1.5m worth of shares, at about CA$0.28 per share. Even though the purchase was made at a significantly lower price than the recent price (CA$0.41), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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insider-trading-volume

Voxtur Analytics is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Voxtur Analytics Insiders Bought Stock Recently

There has been significantly more insider buying, than selling, at Voxtur Analytics, over the last three months. We can see that insider Alan Qureshi paid CA$1.5m for shares in the company. But we did see insider Alan Qureshi sell shares worth CA$35k. We think insiders may be optimistic about the future, since insiders have been net buyers of shares.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Insiders own 39% of Voxtur Analytics shares, worth about CA$93m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About Voxtur Analytics Insiders?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Insiders likely see value in Voxtur Analytics shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Voxtur Analytics. For example - Voxtur Analytics has 3 warning signs we think you should be aware of.

Of course Voxtur Analytics 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, but not derivative transactions.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

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