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Insiders were net buyers of 4basebio PLC's (LON:4BB ) stock during the past year. That is, insiders bought more stock than they sold.
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.
Check out our latest analysis for 4basebio
4basebio Insider Transactions Over The Last Year
The CEO, Chief Scientific Officer & Executive Director Heikki Lanckriet made the biggest insider purchase in the last 12 months. That single transaction was for UK£1.2m worth of shares at a price of UK£13.25 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£12.30). It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Heikki Lanckriet was the only individual insider to buy shares in the last twelve months. Notably Heikki Lanckriet was also the biggest seller.
Heikki Lanckriet purchased 105.00k shares over the year. The average price per share was UK£13.24. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
4basebio is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Insiders At 4basebio Have Bought Stock Recently
Over the last three months, we've seen significantly more insider buying, than insider selling, at 4basebio. CEO, Chief Scientific Officer & Executive Director Heikki Lanckriet spent UK£1.4m on stock. But we did see CEO, Chief Scientific Officer & Executive Director Heikki Lanckriet sell shares worth UK£1.2m. The buying outweighs the selling, which suggests that insiders may believe the company will do well in the future.
Insider Ownership Of 4basebio
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. 4basebio insiders own about UK£26m worth of shares. That equates to 16% 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.