Anyone interested in Gryphon Digital Mining, Inc. (NASDAQ:GRYP) should probably be aware that the Independent Director, Brittany Kaiser, recently divested US$212k worth of shares in the company, at an average price of US$0.35 each. The eyebrow raising move amounted to a reduction of 41% in their holding.

View our latest analysis for Gryphon Digital Mining

Gryphon Digital Mining Insider Transactions Over The Last Year

In fact, the recent sale by Brittany Kaiser was the biggest sale of Gryphon Digital Mining shares made by an insider individual in the last twelve months, according to our records. That means that an insider was selling shares at slightly below the current price (US$0.44). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. We note that the biggest single sale was only 41% of Brittany Kaiser's holding.

In the last year Gryphon Digital Mining insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Gryphon Digital Mining insiders own 28% of the company, worth about US$6.4m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Gryphon Digital Mining Tell Us?

An insider sold stock recently, but they haven't been buying. And even if we look at the last year, we didn't see any purchases. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example, Gryphon Digital Mining has 5 warning signs (and 3 which are a bit unpleasant) we think you should know about.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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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