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Display of insider transactions Auctus Investment Group Limited (ASX:AVC) We can see that insiders were net buyers last year. This means that more shares were bought by insiders than they were sold.
While insider trading is not the most important thing when it comes to long-term investing, we think it’s perfectly logical to monitor insider behavior.
Check out our latest analysis for Auctus Investment Group.
Insider transactions in Auctus Investment Group over the last 12 months
In fact, our records show that the recent purchase by Campbell McComb was the largest purchase of Auctus Investment Group stock made by an insider in the last twelve months. This means that insiders wanted to buy shares even when the share price was above AU$0.70 (the recent price). Their views may have changed since then, but at least it shows they were optimistic back then. For us, it’s very important to consider the price insiders pay for shares. Generally speaking, it attracts attention when insiders buy stock at a higher price than the current price because it suggests they believed the stock was worth buying, even at a higher price. . Campbell McComb was the only individual insider to make an acquisition in the last year.
Campbell McComb bought 233,000 shares in the last 12 months at an average price of AU$0.74. You can see a visual representation of the insider transactions (by companies and individuals) over the last 12 months, below. Click on the chart to see all individual trades including stock price, individual, and date.
There are plenty of other companies where insiders are buying up shares.I think that’s probably the case. do not have I want to miss this free A list of growing companies that insiders are buying.
Does Auctus Investment Group have high insider ownership?
If you are a common shareholder, it may be worth checking how many shares are held by company insiders. We generally like to see fairly high levels of insider ownership. According to our data, insiders own 11% of Auctus Investment Group shares, worth about AU$5.6m. However, it’s possible that insiders have an interest indirectly through more complex structures. Overall, this level of ownership isn’t all that impressive, but it’s certainly better than nothing.
So what does this data suggest about Auctus Investment Group insiders?
Recent insider purchases are encouraging. Our analysis of last year’s transactions also gives us confidence. However, we do not feel the same way about the fact that the company is in the red. We would certainly like to see higher levels of insider ownership, and our analysis of insider transactions suggests that Auctus Investment Group insiders see a bright future ahead. In addition to knowing about ongoing insider transactions, it is useful to identify the risks facing Auctus Investment Group.Every company has risks, and we found that 3 warning signs for Auctus Investment Group (1 of which is important!) you need to know about.
of course Auctus Investment Group may not be the best stock to buy.So you might want to see this free There are many high-quality companies here.
For the purposes of this article, insiders are individuals who report their transactions to the relevant regulatory body. The Company currently only accounts for open market transactions and private dispositions of direct profits, and does not account for derivative transactions or indirect profits.
Have feedback on this article? Curious about its content? contact Please contact us directly. Alternatively, email our 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 using only unbiased methodologies, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
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