The Insider ownership of Axios Mobile Assets Corp. is 7.68%
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.
Axios Mobile Assets Corp., a logistics enabler, produces and supplies technology enabled engineered logistic product solutions in Canada. Its solution includes physical assets or bio-based pallets and a technology platform that track and monitor palletized loads to improve operational effectiveness. The company is based in Mississauga, Canada.