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Viewing insider transactions for ASP Isotopes Inc.'s (NASDAQ:ASPI ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
The Last 12 Months Of Insider Transactions At ASP Isotopes
Over the last year, we can see that the biggest insider purchase was by Independent Director Robert Ryan for US$70k worth of shares, at about US$3.72 per share. We do like to see buying, but this purchase was made at well below the current price of US$5.21. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Check out our latest analysis for ASP Isotopes
ASP Isotopes is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Insider Ownership
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. Insiders own 25% of ASP Isotopes shares, worth about US$97m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Does This Data Suggest About ASP Isotopes Insiders?
It doesn't really mean much that no insider has traded ASP Isotopes shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in ASP Isotopes and we see no evidence to suggest they are worried about the future. 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. To that end, you should learn about the 3 warning signs we've spotted with ASP Isotopes (including 2 which are a bit concerning).
But note: ASP Isotopes may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.