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Are Insiders Buying Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) Stock?

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NASDAQ:CRBP).” data-reactid=”28″>We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So shareholders might well want to know whether insiders have been buying or selling shares in Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP).

What Is Insider Selling?

Most investors know that it is quite permissible for company leaders, such as directors of the board, to buy and sell stock in the company. However, such insiders must disclose their trading activities, and not trade on inside information.

We don’t think shareholders should simply follow insider transactions. But logic dictates you should pay some attention to whether insiders are buying or selling shares. As Peter Lynch said, ‘insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise’.

See our latest analysis for Corbus Pharmaceuticals Holdings ” data-reactid=”36″> See our latest analysis for Corbus Pharmaceuticals Holdings

Corbus Pharmaceuticals Holdings Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Head of Research & Chief Medical Officer Barbara White for US$57k worth of shares, at about US$3.63 per share. Even though the purchase was made at a significantly lower price than the recent price (US$7.71), we still think insider buying is a positive. 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 Corbus Pharmaceuticals Holdings insiders bought shares during the last year, they didn’t sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume

list of companies. (Hint: insiders have been buying them).” data-reactid=”52″>There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Corbus Pharmaceuticals Holdings Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Corbus Pharmaceuticals Holdings insiders own about US$28m worth of shares. That equates to 4.4% of the company. 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 Corbus Pharmaceuticals Holdings Tell Us?

3 warning signs for Corbus Pharmaceuticals Holdings (1 shouldn’t be ignored!) and we strongly recommend you look at these before investing.” data-reactid=”56″>It doesn’t really mean much that no insider has traded Corbus Pharmaceuticals Holdings shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. Insiders own shares in Corbus Pharmaceuticals Holdings and we see no evidence to suggest they are worried about the future. While we like knowing what’s going on with the insider’s ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Our analysis shows 3 warning signs for Corbus Pharmaceuticals Holdings (1 shouldn’t be ignored!) and we strongly recommend you look at these before investing.

collection of high quality companies.” data-reactid=”61″>Of course Corbus Pharmaceuticals Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

Get in touch with us directly. Alternatively, email [email protected].” data-reactid=”63″>This article by Simply Wall St is general in nature. 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected].

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