Investors who take an interest in Senseonics Holdings, Inc. (NASDAQ:SENS) should definitely note that the Independent Non-Management Director, Douglas Roeder, recently paid US$8.98 per share to buy US$125k worth of the stock. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 9.5%.

The Last 12 Months Of Insider Transactions At Senseonics Holdings

In fact, the recent purchase by Independent Non-Management Director Douglas Roeder was not their only acquisition of Senseonics Holdings shares this year. They previously made an even bigger purchase of US$126k worth of shares at a price of US$5.56 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$9.71. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Senseonics Holdings insiders may have bought shares in the last year, but they didn't sell any. The average buy price was around US$6.20. It is certainly positive to see that insiders have invested their own money in the company. However, we do note that they were buying at significantly lower prices than today's share price. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

Senseonics Holdings 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.

Insider Ownership Of Senseonics Holdings

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. Senseonics Holdings insiders own about US$39m worth of shares. That equates to 7.6% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Senseonics Holdings Tell Us?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. When combined with notable insider ownership, these factors suggest Senseonics Holdings insiders are well aligned, and that they may think the share price is too low. 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.

Of course Senseonics Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

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.