Pleasing Signs As A Number Of Insiders Buy Osisko Development Stock [Yahoo! Finance]
Osisko Development Corp. Common Shares (ODV)
Company Research
Source: Yahoo! Finance
CVE:ODV ), it sends a favourable message to the company's shareholders. Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares. Check out our latest analysis for Osisko Development The Last 12 Months Of Insider Transactions At Osisko Development Over the last year, we can see that the biggest insider purchase was by Independent Director Michele McCarthy for CA$75k worth of shares, at about CA$7.12 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being CA$3.00). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher
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ODV
Sec Filings
- 4/29/24 - Form 6-K
- 4/29/24 - Form 6-K
- 3/29/24 - Form 40-F
- ODV's page on the SEC website