The Insider ownership of Charles & Colvard Ltd is 16.98%
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.
charles & colvard, ltd. is the original and leading worldwide source of forever classic™, forever brilliant®, and forever one™ moissanite, a created gem used in fine jewelry. moissanite is near-colorless, with more fire, brilliance, and sparkle than a fine diamond, but retails for only a fraction of the cost. charles & colvard® produces moissanite gems from silicon carbide (sic) crystals, which it sells loose and set in jewelry at wholesale to distributors, manufacturers, and retailers and at retail to end consumers through its wholly owned operating subsidiaries moissanite.com, llc and charles & colvard direct, llc., d.b.a. lulu avenue®. moissanite jewelry is sold in fine jewelry stores, on domestic and international shopping networks, in catalogs and home parties, and online.