Teladoc Health Insider Confidence Rewarded, Stock Hits US$1.8b Market Cap

Insiders who decided to invest in Teladoc Health, Inc. (NYSE:TDOC) in the past year saw their confidence pay off big-time last week. The company’s market value soared by US$511m with the stock surging 33% during that time. This means that their initial investment of US$140.8k in stock is now valued at US$228.4k.

While we don’t recommend making investment decisions solely on insider actions, it’s still valuable to keep an eye on what insiders are up to. In the last twelve months, the largest purchase by an insider was when Independent Director Thomas McKinley bought US$82k worth of shares at US$7.57 per share. However, this buy was at a lower price than the current market value, so it doesn’t provide much insight into whether insiders view the current price as attractive.

Over the past year, insiders collectively bought 19.00k shares worth US$141k, while selling 1.87k shares worth US$24k. Overall, there was more buying than selling among Teladoc Health insiders in the last year.

Insider ownership can be a good indicator of alignment between company leadership and shareholders. Insiders hold around 0.9% of Teladoc Health shares, valued at approximately US$17m. While this level of ownership isn’t exceptional, it does show some alignment between management and smaller shareholders.

Recent insider transactions at Teladoc Health have shown more buying than selling, indicating a level of confidence among insiders. However, it’s essential to consider the risks associated with the company, specifically the 2 warning signs we identified during our analysis.

While Teladoc Health may not be the perfect investment for everyone, it’s worth noting the insider activity and potential risks associated with the company. Feel free to reach out with any feedback on this article or questions you may have. Remember, our goal is to provide unbiased analysis based on historical data and forecasts, not specific financial advice tailored to individual situations.