Yahoo Finance Even with ATW Tech Inc. (CVE:ATW) stock down 12% this week, insiders who bought recently netted around CA$35k
Insiders who bought ATW Tech Inc. (CVE:ATW) stock lover the last 12 months are probably not as affected by last week’s 12% loss. After accounting for the recent loss, the CA$300k worth of shares they purchased is now worth CA$335k, suggesting a good return on their investment.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for ATW Tech
The Last 12 Months Of Insider Transactions At ATW Tech
The insider Germain Benoit made the biggest insider purchase in the last 12 months. That single transaction was for CA$250k worth of shares at a price of CA$0.065 each. We do like to see buying, but this purchase was made at well below the current price of CA$0.075. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
Germain Benoit bought a total of 4.47m shares over the year at an average price of CA$0.067. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
ATW Tech is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that ATW Tech insiders own 33% of the company, worth about CA$5.3m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Does This Data Suggest About ATW Tech Insiders?
The fact that there have been no ATW Tech insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in ATW Tech and we see no evidence to suggest they are worried about the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing ATW Tech. At Simply Wall St, we've found that ATW Tech has 6 warning signs (2 are a bit unpleasant!) that deserve your attention before going any further with your analysis.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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.
