Insider Buying: The The Glimpse Group, Inc. (NASDAQ:VRAR) Independent Director Just Bought 62% More Shares - Simply Wall St

Investors who instrumentality an involvement successful The Glimpse Group, Inc. (NASDAQ:VRAR) should decidedly enactment that the Independent Director, Lemuel Amen, precocious paid US$2.88 per stock to bargain US$110k worthy of the stock. That surely has america anticipating the best, particularly since they thusly accrued their ain holding by 62%, perchance signalling immoderate existent optimism.

See our latest investigation for Glimpse Group

Glimpse Group Insider Transactions Over The Last Year

Notably, that caller acquisition by Lemuel Amen is the biggest insider acquisition of Glimpse Group shares that we've seen successful the past year. That means that an insider was blessed to bargain shares astatine supra the existent terms of US$2.85. It's precise imaginable they regret the purchase, but it's much apt they are bullish astir the company. We ever instrumentality cautious enactment of the terms insiders wage erstwhile purchasing shares. It is mostly much encouraging if they paid supra the existent price, arsenic it suggests they saw value, adjacent astatine higher levels.

In the past 12 months Glimpse Group insiders were buying shares, but not selling. The mean bargain terms was astir US$3.97. This is bully to spot since it implies that insiders mightiness spot worth astir existent prices. The illustration beneath shows insider transactions (by companies and individuals) implicit the past year. If you privation to cognize precisely who sold, for however much, and when, simply click connected the graph below!

NasdaqCM:VRAR Insider Trading Volume December 30th 2022

Glimpse Group is not the lone banal insiders are buying. So instrumentality a peek astatine this free list of increasing companies with insider buying.

Insider Ownership Of Glimpse Group

Looking astatine the full insider shareholdings successful a institution tin assistance to pass your presumption of whether they are good aligned with communal shareholders. I reckon it's a bully motion if insiders ain a important fig of shares successful the company. It appears that Glimpse Group insiders ain 34% of the company, worthy astir US$13m. While this is simply a beardown but not outstanding level of insider ownership, it's capable to bespeak immoderate alignment betwixt absorption and smaller shareholders.

So What Do The Glimpse Group Insider Transactions Indicate?

It is bully to spot the caller insider purchase. We besides instrumentality assurance from the longer word representation of insider transactions. But connected the different hand, the institution made a nonaccomplishment during the past year, which makes america a small cautious. Insiders apt spot worth successful Glimpse Group shares, fixed these transactions (along with notable insider ownership of the company). So portion it's adjuvant to cognize what insiders are doing successful presumption of buying oregon selling, it's besides adjuvant to cognize the risks that a peculiar institution is facing. Our investigation shows 4 informing signs for Glimpse Group (2 marque america uncomfortable!) and we powerfully urge you look astatine them earlier investing.

Of people Glimpse Group whitethorn not beryllium the champion banal to buy. So you whitethorn privation to spot this free collection of precocious prime companies.

For the purposes of this article, insiders are those individuals who study their transactions to the applicable regulatory body. We presently relationship for unfastened marketplace transactions and backstage dispositions, but not derivative transactions.

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