Cascadia Blockchain Group Stock Down 33% But Insiders Still In CA$217k Profit

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Insiders who bought Cascadia Blockchain Group Corp. (CSE:CK) stock lover the last 12 months are probably not as affected by last week’s 33% loss. After accounting for the recent loss, the CA$650.0k worth of shares they purchased is now worth CA$866.7k, suggesting a good return on their investment.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Cascadia Blockchain Group

The Last 12 Months Of Insider Transactions At Cascadia Blockchain Group

In the last twelve months, the biggest single purchase by an insider was when Chairman Di Deng bought CA$650k worth of shares at a price of CA$0.03 per share. We do like to see buying, but this purchase was made at well below the current price of CA$0.04. While it does suggest insiders consider the stock…

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