Even if it's not a huge purchase, we think it was good to see that Derek D'Antilio, the Chief Financial Officer of IDEX Biometrics ASA (OB:IDEX) recently shelled out kr183k to buy stock, at kr0.73 per share. While that isn't the hugest buy, it actually boosted their shareholding by 250%, which is good to see.

Check out our latest analysis for IDEX Biometrics

The Last 12 Months Of Insider Transactions At IDEX Biometrics

In the last twelve months, the biggest single purchase by an insider was when insider Guido Bertocci bought kr573k worth of shares at a price of kr0.79 per share. That means that an insider was happy to buy shares at above the current price of kr0.70. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

In the last twelve months IDEX Biometrics insiders were buying shares, but not selling. They paid about kr1.03 on average. These transactions suggest that insiders have considered the current price attractive. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

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. IDEX Biometrics insiders own about kr110m worth of shares. That equates to 22% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At IDEX Biometrics Tell Us?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about IDEX Biometrics. Looks promising! I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph.