Anyone interested in CareCloud, Inc. (NASDAQ:CCLD) should probably be aware that the Independent Director, Cameron Munter, recently divested US$123k worth of shares in the company, at an average price of US$4.10 each. The eyebrow raising move amounted to a reduction of 16% in their holding.

The Last 12 Months Of Insider Transactions At CareCloud

In the last twelve months, the biggest single purchase by an insider was when Founder & Executive Chairman Mahmud Haq bought US$645k worth of shares at a price of US$1.57 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$3.42. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Mahmud Haq purchased 532.50k shares over the year. The average price per share was US$1.30. 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!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership Of CareCloud

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. It appears that CareCloud insiders own 39% of the company, worth about US$21m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About CareCloud Insiders?

Insiders sold stock recently, but they haven't been buying. In contrast, they appear keener if you look at the last twelve months. And insiders do own shares. So we're not overly bothered by recent selling. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 5 warning signs for CareCloud you should be aware of.

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.

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.