Quite a few insiders have dramatically grown their holdings in Pantheon Resources Plc (LON:PANR) over the past 12 months. An insider's optimism about the company's prospects is a positive sign.

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.

We've discovered 4 warning signs about Pantheon Resources. View them for free.

The Last 12 Months Of Insider Transactions At Pantheon Resources

The Non-Executive Director Jeremy Leonard Brest made the biggest insider purchase in the last 12 months. That single transaction was for UK£751k worth of shares at a price of UK£0.69 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£0.35). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

Pantheon Resources insiders may have bought shares in the last year, but they didn't sell any. 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!

View our latest analysis for Pantheon Resources

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).

Insiders At Pantheon Resources Have Bought Stock Recently

Over the last three months, we've seen significant insider buying at Pantheon Resources. In total, insiders bought UK£765k worth of shares in that time, and we didn't record any sales whatsoever. That shows some optimism about the company's future.

Does Pantheon Resources Boast High 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. Pantheon Resources insiders own about UK£17m worth of shares. That equates to 4.2% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.