Yahoo Finance A2Z Smart Technologies Corp. (CVE:AZ) insider upped their holding by 6.1% earlier this year
Viewing insider transactions for A2Z Smart Technologies Corp.'s (CVE:AZ ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for A2Z Smart Technologies
A2Z Smart Technologies Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when President Bentsur Joseph bought CA$1.0m worth of shares at a price of CA$1.86 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being CA$1.47). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Bentsur Joseph was the only individual insider to buy during the last year.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
A2Z Smart Technologies is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insider Ownership Of A2Z Smart Technologies
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Insiders own 30% of A2Z Smart Technologies shares, worth about CA$14m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Does This Data Suggest About A2Z Smart Technologies Insiders?
The fact that there have been no A2Z Smart Technologies insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in A2Z Smart Technologies and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing A2Z Smart Technologies. When we did our research, we found 6 warning signs for A2Z Smart Technologies (2 don't sit too well with us!) that we believe deserve your full attention.
But note: A2Z Smart Technologies may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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