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From what we can see, insiders were net buyers in Oakridge International Limited's (ASX:OAK ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for Oakridge International
The Last 12 Months Of Insider Transactions At Oakridge International
The Executive Chairman Con Unerkov made the biggest insider purchase in the last 12 months. That single transaction was for AU$500k worth of shares at a price of AU$0.053 each. Even though the purchase was made at a significantly lower price than the recent price (AU$0.068), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
Con Unerkov bought a total of 11.90m shares over the year at an average price of AU$0.059. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insider Ownership Of Oakridge International
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Oakridge International insiders own about AU$906k worth of shares (which is 49% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
So What Do The Oakridge International Insider Transactions Indicate?
The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Oakridge International. That's what I like to see! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 3 warning signs for Oakridge International you should know about.