Yahoo Finance One IsoEnergy Ltd. (CVE:ISO) insider upped their stake by 50% in the previous year
Insiders were net buyers of IsoEnergy Ltd.'s (CVE:ISO ) stock during the past year. That is, insiders bought more stock than they sold.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for IsoEnergy
IsoEnergy Insider Transactions Over The Last Year
The Independent Director Richard Patricio made the biggest insider purchase in the last 12 months. That single transaction was for CA$190k worth of shares at a price of CA$3.79 each. That means that even when the share price was higher than CA$3.38 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Richard Patricio was the only individual insider to buy shares in the last twelve months. We note that Richard Patricio was both the biggest buyer and the biggest seller.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
IsoEnergy is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Are IsoEnergy Insiders Buying Or Selling?
In the last quarter we saw Independent Director Richard Patricio spend CA$190k on shares. That's only a tiny bit more than the sales, worth CA$185k. So it is hard to draw any conclusion about how insiders are feeling about the stock, from these recent trades.
Insider Ownership Of IsoEnergy
Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Based on our data, IsoEnergy insiders have about 0.8% of the stock, worth approximately CA$2.8m. We prefer to see high levels of insider ownership.
So What Does This Data Suggest About IsoEnergy Insiders?
Insider buying and selling have balanced each other out in the last three months, so we can't deduct anything useful from these recent trades. However, our analysis of transactions over the last year is heartening. We'd like to see bigger individual holdings. However, we don't see anything to make us think IsoEnergy insiders are doubting the company. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Case in point: We've spotted 5 warning signs for IsoEnergy you should be aware of, and 2 of them can't be ignored.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
