Insider activity
Hot Chili Ltd
Open-market and private equity trades over the last 12 months. Derivatives and opening balances excluded.
Recent transactions
| Date | Side | Name | Shares | Price |
|---|---|---|---|---|
| Aug 07, 26 | Sell | Silva Solari, Jose Ignacio Individual · CA$149,000 | 100,000 | CA$1.49 |
| Apr 09, 26 | Buy | de Andraca Adriasola, Roberto Individual · CA$51,900 | 50,000 | CA$1.04 |
| Oct 24, 25 | Sell | Silva Solari, Jose Ignacio Individual · CA$130,500 | 150,000 | CA$0.87 |
| Sep 09, 25 | Buy | Easterday, Christian E. Individual · CA$40,471 | 67,451 | CA$0.60 |
| Sep 09, 25 | Buy | Easterday, Christian E. Individual · CA$84,888 | 141,480 | CA$0.60 |
| Sep 09, 25 | Buy | Finkelstein, Ryan Individual · CA$570 | 950 | CA$0.60 |
Recent insider activity at Hot Chili Ltd raises questions about the company's future prospects.
In the last two weeks, Hot Chili Ltd (HCH.V) experienced notable insider activity, particularly a significant sale by one of its executives. This transaction could provide insights into the company's current standing and future direction, but it's important to interpret these actions carefully.
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Hot Chili Ltd
HCH.V
HCH.V
Hot Chili Ltd
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Market cap
$338.85M
52W high
$2.08
52W low
$0.58
1W change
+3.03%
Beta
1.19
Analyst Price Targets
Based on analyst covering HCH
Wall Street analysts forecast HCH stock price to rise 113.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.64
+113.9% Upside
Current Price
C$1.70
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on HCH's historical volatility
30-Day Vol
77.3%
Annualized
90-Day Vol
73.6%
Annualized
Trend (90d)
-16.9%
Annualized drift
90d Mean
C$1.60
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.67 | C$1.28 – C$2.18 |
| 60 trading days | C$1.63 | C$1.12 – C$2.38 |
| 90 trading days | C$1.60 | C$1.01 – C$2.54 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: While insider selling can sometimes suggest a lack of confidence in a company's future, it's crucial to consider the broader context and not jump to conclusions based solely on these transactions.
CA$149,000 in Insider Sales
Jose Ignacio Silva Solari sold 100,000 shares of Hot Chili Ltd at CA$1.49, raising CA$149,000 in the process.
Bull case
The lack of insider buying during this time doesn’t necessarily mean a negative outlook. Insiders might simply be managing their personal finances or diversifying their investments.
Bear case
The sale of 100,000 shares by Jose Ignacio Silva Solari, valued at CA$149,000, could indicate some lack of confidence in Hot Chili's near-term performance, prompting a closer look at the company's fundamentals.
Recent Insider Activity
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In the last 14 days, Hot Chili Ltd saw a significant insider transaction on August 7, 2023. Jose Ignacio Silva Solari sold 100,000 shares at a price of CA$1.49 each, totaling CA$149,000. This transaction stands out as the only insider activity during this period, raising questions about the motivations behind such a sale. While it could indicate a personal financial decision, it also invites scrutiny regarding the company's outlook from the perspective of its insiders.
What This Could Mean
Insider selling can often be a warning sign, suggesting that those closest to the company may lack confidence in its short-term prospects. However, it’s essential to approach this interpretation with caution. Insiders may sell shares for various reasons unrelated to the company’s performance, such as personal financial needs or investment diversification. Therefore, while this sale might suggest some caution, it doesn’t definitively signal a negative outlook for Hot Chili Ltd.
Looking Ahead
As investors consider the implications of this insider sale, it’s important to remember that one transaction doesn’t provide a complete picture of a company's health. Future performance will depend on various factors, including market conditions, company strategy, and broader economic trends. Investors should continue to monitor Hot Chili Ltd's developments and view insider activity as one piece of a larger puzzle.
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