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Context Therapeutics Insiders May Regret Not Buying More, Market Cap Hits US$151m
Context Therapeutics, Inc. CNTX | 2.61 | +5.67% |
Last week, Context Therapeutics Inc. (NASDAQ:CNTX) insiders, who had purchased shares in the previous 12 months were rewarded handsomely. The shares increased by 18% last week, resulting in a US$25m increase in the company's market worth, implying a 167% gain on their initial purchase. As a result, the stock they originally bought for US$107.1k is now worth US$286.4k.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
Context Therapeutics Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Co-Founder Martin Lehr bought US$70k worth of shares at a price of US$0.70 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$1.79. 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 Context Therapeutics 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. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Context Therapeutics is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Does Context Therapeutics Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Based on our data, Context Therapeutics insiders have about 1.4% of the stock, worth approximately US$2.0m. We consider this fairly low insider ownership.
What Might The Insider Transactions At Context Therapeutics Tell Us?
The fact that there have been no Context Therapeutics insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. The transactions are fine but it'd be more encouraging if Context Therapeutics insiders bought more shares in the company. While it's good to be aware of 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.
But note: Context Therapeutics may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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 of direct interests only, but not derivative transactions or indirect interests.
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.


