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The recent price decline of 13% in Keras Resources Plc's (LON:KRS) stock may have disappointed insiders who bought UK£71k worth of shares at an average price of UK£0.00078 in the past 12 months. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only UK£48k.
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.
Check out our latest analysis for Keras Resources
Keras Resources Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Founder, Russell Lamming, sold UK£50k worth of shares at a price of UK£0.0011 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of UK£0.00052. So it may not shed much light on insider confidence at current levels. The only individual insider seller over the last year was Russell Lamming. Notably Russell Lamming was also the biggest buyer, having purchased UK£71k worth of shares.
In the last twelve months insiders purchased 90.55m shares for UK£71k. But insiders sold 45.58m shares worth UK£50k. Overall, Keras Resources insiders were net buyers during the last year. Their average price was about UK£0.00078. This is nice to see since it implies that insiders might see value around current prices. 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).
Keras Resources Insiders Bought Stock Recently
There was some insider buying at Keras Resources over the last quarter. Insiders purchased UK£30k worth of shares in that period. It's great to see that insiders are only buying, not selling. However, in this case the amount invested recently is quite small.
Insider Ownership of Keras Resources
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Keras Resources insiders own about UK£780k worth of shares. That equates to 24% 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.