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Looking at Oakridge International Limited's (ASX:OAK ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for Oakridge International
Oakridge International Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Executive Chairman & CEO Con Unerkov bought AU$500k worth of shares at a price of AU$0.053 per share. So it's clear an insider wanted to buy, at around the current price, which is AU$0.055. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Oakridge International share holders is that an insider was buying at near the current price. Con Unerkov was the only individual insider to buy during the last year.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Oakridge International is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Does Oakridge International Boast High Insider Ownership?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Oakridge International insiders own 51% of the company, worth about AU$750k. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
What Might The Insider Transactions At Oakridge International Tell Us?
It doesn't really mean much that no insider has traded Oakridge International shares in the last quarter. However, our analysis of transactions over the last year is heartening. With high insider ownership and encouraging transactions, it seems like Oakridge International insiders think the business has merit. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we found 3 warning signs for Oakridge International that deserve your attention before buying any shares.