Over the last year, a good number of insiders have significantly increased their holdings in Kingfisher Metals Corp. (CVE:KFR). This is encouraging because it indicates that insiders are more optimistic about the company's prospects.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for Kingfisher Metals

Kingfisher Metals Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when insider Alejandro Gubbins Cox bought CA$182m worth of shares at a price of CA$2,546 per share. That means that an insider was happy to buy shares at above the current price of CA$0.19. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

In the last twelve months Kingfisher Metals insiders were buying shares, but not selling. They paid about CA$18.87 on average. These transactions suggest that insiders have considered the current price attractive. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Kingfisher Metals Insiders Bought Stock Recently

There was some insider buying at Kingfisher Metals over the last quarter. insider Alejandro Gubbins Cox shelled out CA$62k for shares in that time. It's good to see the insider buying, as well as the lack of recent sellers. However, in this case the amount invested recently is quite small.

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. Kingfisher Metals insiders own about CA$5.4m worth of shares. That equates to 28% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.