In This Article:
Potential TELUS International (Cda) Inc. (NYSE:TIXT) shareholders may wish to note that the President of WillowTree, Tobias Dengel, recently bought US$248k worth of stock, paying US$2.48 for each share. Although the purchase only increased their holding by 4.9%, it is still a solid purchase in our view.
View our latest analysis for TELUS International (Cda)
The Last 12 Months Of Insider Transactions At TELUS International (Cda)
Notably, that recent purchase by Tobias Dengel is the biggest insider purchase of TELUS International (Cda) shares that we've seen in the last year. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$3.00. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
While TELUS International (Cda) insiders bought shares during the last year, they didn't sell. Their average price was about US$2.77. These transactions show that insiders have confidence to invest their own money in the stock, albeit at slightly below the recent price. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).
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. It appears that TELUS International (Cda) insiders own 1.3% of the company, worth about US$11m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At TELUS International (Cda) Tell Us?
It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. Insiders likely see value in TELUS International (Cda) shares, given these transactions (along with notable insider ownership of the company). 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. Our analysis shows 4 warning signs for TELUS International (Cda) (2 are potentially serious!) and we strongly recommend you look at them before investing.