CEO & Chairman of the Board of Dominari Holdings Anthony Hayes Buys 2.2% More Shares

Investors who take an interest in Dominari Holdings Inc. (NASDAQ:DOMH) should definitely note that the CEO & Chairman of the Board, Anthony Hayes, recently paid US$2.09 per share to buy US$209k worth of the stock. Although the purchase only increased their holding by 2.2%, it is still a solid purchase in our view.

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Dominari Holdings Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Chief Operating Officer, Christopher Devall, for US$871k worth of shares, at about US$4.22 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$2.19. So it is hard to draw any strong conclusion from it. Christopher Devall was the only individual insider to sell shares in the last twelve months.

Over the last year, we can see that insiders have bought 248.00k shares worth US$604k. But they sold 265.00k shares for US$1.0m. Christopher Devall sold a total of 265.00k shares over the year at an average price of US$3.94. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Dominari Holdings

I will like Dominari Holdings better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership Of Dominari Holdings

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Dominari Holdings insiders own 50% of the company, worth about US$27m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Dominari Holdings Tell Us?

It is good to see recent purchasing. But we can't say the same for the transactions over the last 12 months. The recent buying by some insiders , along with high insider ownership, suggest that Dominari Holdings insiders are fairly aligned, and optimistic. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Dominari Holdings. When we did our research, we found 3 warning signs for Dominari Holdings (2 are concerning!) that we believe deserve your full attention.

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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.

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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.