My Foodie Box Ltd Insider ownership
What is the Insider ownership of My Foodie Box Ltd?
The Insider ownership of My Foodie Box Ltd is 83.66%
What is the definition of Insider ownership?
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Insider ownership of companies in the Consumer Staples sector on ASX compared to My Foodie Box Ltd
What does My Foodie Box Ltd do?
My Foodie Box Limited prepares and delivers meal kits in Western Australia. It also operates a subscription based e-commerce platform. The company was incorporated in 2017 and is based in Maylands, Australia.
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