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When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Oriole Resources PLC's (LON:ORR) instance, it's good news for shareholders.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Our free stock report includes 5 warning signs investors should be aware of before investing in Oriole Resources. Read for free now.
Oriole Resources Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Independent Non-Executive Chair Eileen Carr bought UK£40k worth of shares at a price of UK£0.003 per share. That means that an insider was happy to buy shares at above the current price of UK£0.0019. 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. 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 Oriole Resources insiders were buying shares, but not selling. 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!
View our latest analysis for Oriole Resources
Oriole Resources is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Oriole Resources Insiders Bought Stock Recently
Over the last three months, we've seen a bit of insider buying at Oriole Resources. Insiders purchased UK£33k worth of shares in that period. 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 Of Oriole Resources
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Insiders own 6.6% of Oriole Resources shares, worth about UK£499k, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
So What Do The Oriole Resources Insider Transactions Indicate?
Insider purchases may have been minimal, in the last three months, but there was no selling at all. That said, the purchases were not large. On a brighter note, the transactions over the last year are encouraging. We'd like to see bigger individual holdings. However, we don't see anything to make us think Oriole Resources insiders are doubting the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Our analysis shows 5 warning signs for Oriole Resources (4 don't sit too well with us!) and we strongly recommend you look at them before investing.