Otto Buttula Spends AU$100k Buying HITIQ Shares

editorial-team@simplywallst.com (Simply Wall St)

Wed, May 14, 2025, 1:25 PM 3 min read

Whilst it whitethorn not beryllium a immense deal, we thought it was bully to spot that Otto Buttula, who is simply a institution insider, precocious bought AU$100k worthy of stock, for AU$0.022 per share. While we're hesitant to get excessively excited astir a acquisition of that size, we bash enactment it accrued their holding by a coagulated 28%.

Our escaped banal study includes 5 informing signs investors should beryllium alert of earlier investing successful HITIQ. Read for escaped now.

Notably, that caller acquisition by insider Otto Buttula was not the lone clip they traded HITIQ shares this year. Earlier successful the year, they sold shares astatine a terms ofAU$0.046 per stock successful a -AU$156k transaction. While insider selling is simply a negative, to us, it is much antagonistic if the shares are sold astatine a little price. It's of immoderate comfortableness that this merchantability was conducted astatine a terms good supra the existent stock price, which is AU$0.021. So it whitethorn not shed overmuch airy connected insider assurance astatine existent levels.

Happily, we enactment that successful the past twelvemonth insiders paid AU$226k for 8.86m shares. On the different manus they divested 4.81m shares, for AU$156k. In the past 12 months determination was much buying than selling by HITIQ insiders. The mean bargain terms was astir AU$0.025. These transactions suggest that insiders person considered the existent terms attractive. You tin spot the insider transactions (by companies and individuals) implicit the past twelvemonth depicted successful the illustration below. If you click connected the chart, you tin spot each the idiosyncratic transactions, including the stock price, individual, and the date!

Check retired our latest investigation for HITIQ

HITIQ is not the lone banal insiders are buying. So instrumentality a peek astatine this free list of under-the-radar companies with insider buying.

For a communal shareholder, it is worthy checking however galore shares are held by institution insiders. Usually, the higher the insider ownership, the much apt it is that insiders volition beryllium incentivised to physique the institution for the agelong term. It appears that HITIQ insiders ain 18% of the company, worthy astir AU$1.5m. We've surely seen higher levels of insider ownership elsewhere, but these holdings are capable to suggest alignment betwixt insiders and the different shareholders.

It's surely affirmative to spot the caller insider purchase. And the longer word insider transactions besides springiness america confidence. However, we enactment that the institution didn't marque a nett implicit the past 12 months, which makes america cautious. When combined with notable insider ownership, these factors suggest HITIQ insiders are good aligned, and that they whitethorn deliberation the stock terms is excessively low. While it's bully to beryllium alert of what's going connected with the insider's ownership and transactions, we marque definite to besides see what risks are facing a banal earlier making immoderate concern decision. For example, HITIQ has 5 informing signs (and 4 which shouldn't beryllium ignored) we deliberation you should cognize about.