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Michael Cola Is The CEO, President & Director of Cerecor Inc. (NASDAQ:CERC) And They Just Picked Up 132% More Shares

NASDAQ:CERC) should definitely note that the CEO, President & Director, Michael Cola, recently paid US$2.50 per share to buy US$250k worth of the stock. That certainly has us anticipating the best, especially since they thusly increased their own holding by 132%, potentially signalling some real optimism.” data-reactid=”19″>Investors who take an interest in Cerecor Inc. (NASDAQ:CERC) should definitely note that the CEO, President & Director, Michael Cola, recently paid US$2.50 per share to buy US$250k worth of the stock. That certainly has us anticipating the best, especially since they thusly increased their own holding by 132%, potentially signalling some real optimism.

See our latest analysis for Cerecor ” data-reactid=”20″>See our latest analysis for Cerecor

The Last 12 Months Of Insider Transactions At Cerecor

In fact, the recent purchase by Michael Cola was the biggest purchase of Cerecor shares made by an insider individual in the last twelve months, according to our records. So it’s clear an insider wanted to buy, at around the current price, which is US$2.53. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it’s less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Cerecor share holders is that insiders were buying at near the current price.

Cerecor insiders may have bought shares in the last year, but they didn’t sell any. You can see a visual depiction of insider transactions (by 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!

NasdaqCM:CERC Recent Insider Trading June 13th 2020

list of growing companies with recent insider purchasing, could be just the ticket.” data-reactid=”36″>Cerecor is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Cerecor Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it’s a good sign if insiders own a significant number of shares in the company. Insiders own 3.1% of Cerecor shares, worth about US$6.3m, according to our data. However, it’s possible that insiders might have an indirect interest through a more complex structure. Overall, this level of ownership isn’t that impressive, but it’s certainly better than nothing!

So What Does This Data Suggest About Cerecor Insiders?

3 warning signs we think you should be aware of.” data-reactid=”40″>It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. While the overall levels of insider ownership are below what we’d like to see, the history of transactions imply that Cerecor insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it’s beneficial to identify the risks facing Cerecor. For example – Cerecor has 3 warning signs we think you should be aware of.

list of interesting companies, that have HIGH return on equity and low debt.” data-reactid=”41″>If you would prefer to check out another company — one with potentially superior financials — then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

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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. Thank you for reading.” data-reactid=”43″>Love or hate this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected].

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. Thank you for reading.

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