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last week, Macro Metals Limited (ASX:M4M) insiders who bought shares in the last 12 months were rewarded handsomely. Last week, the share price increased by 40%, resulting in an increase of A$6.5 million in the company’s market value. This means you made a profit of 111% on your first purchase. As a result, his initial purchase of AU$1.25 million worth of shares is now worth AU$2.63 million.
While we are by no means saying that investors should make decisions solely based on the actions of a company’s directors, we believe it is perfectly logical to monitor the actions of insiders. .
Check out our latest analysis for Macro Metals.
Macro Metals Insider Trades Over the Past Year
In fact, our records show that the recent purchase by Tolga Kumova was the largest purchase of Macro Metals shares made by an insider in the last twelve months. I would definitely consider buying it, but this purchase was made at a price well below the current price of AU$0.007. This occurred at a lower valuation, so it doesn’t tell us much about whether insiders find today’s price attractive.
Over the last twelve months, Macro Metals insiders were buying shares, but not selling them. They paid on average about AU$0.0033. It’s certainly positive to see that insiders have invested their own money in the company. However, you have to remember that you bought the stock when it was well below today’s levels. The graph below shows insider transactions (by companies and individuals) over the last year. You can click on the graph below to see the exact details of each insider transaction.
There are always plenty of stocks that insiders are buying. Check out each stock one by one or take a look at this if that suits your style. free List of companies. (Hint: Insiders are buying them).
Macro Metals Insiders Recently Bought Stock
Over the past quarter, Macro Metals insiders have spent a significant amount of money on the stock. In total, insiders bought AU$1.1m worth of shares during this time, but the company recorded no sales. This suggests some optimism about the company’s future.
Does Macrometal boast high insider ownership?
Looking at the total insider shares in a company can help you determine whether they are well aligned with common shareholders. Typically, the higher the insider ownership, the more likely it is that insiders are incentivized to build the company for the long term. It appears that Macro Metals insiders own 28% of the company’s shares, worth about AU$5.5m. This level of insider ownership is good, but far from particularly noticeable. That certainly suggests a reasonable degree of consistency.
What can we learn from Macro Metals’ insider trading?
It’s certainly positive to see some recent insider buying. Also, long-term insider trading gives us confidence. However, we’re cautious, noting that the company hasn’t made a profit in the last twelve months. Considering these transactions (along with notable insider ownership in the company), it’s likely that insiders think there is value in Macro Metals stock. We like to know what’s going on with insider ownership and transactions, but we also always consider what risks a stock faces before making any investment decisions.Case in point: we discovered 4 warning signs for Macrometals Three of these cannot be ignored.
of course, You may find a great investment if you look elsewhere. So take a look at this free List of interesting companies.
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 the articles are not intended as 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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