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Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Doctor Care Anywhere Group PLC (ASX:DOC), it sends a favourable message to the company's shareholders.
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 Doctor Care Anywhere Group
Doctor Care Anywhere Group Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by insider Alexander Waislitz for AU$299k worth of shares, at about AU$0.07 per share. That means that an insider was happy to buy shares at around the current price of AU$0.07. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Doctor Care Anywhere Group share holders is that insiders were buying at near the current price.
Doctor Care Anywhere Group insiders may have bought shares in the last year, but they didn't sell any. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Doctor Care Anywhere Group 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 Of Doctor Care Anywhere Group
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Doctor Care Anywhere Group insiders own 48% of the company, currently worth about AU$12m based on the recent share price. 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 Does This Data Suggest About Doctor Care Anywhere Group Insiders?
The fact that there have been no Doctor Care Anywhere Group insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. With high insider ownership and encouraging transactions, it seems like Doctor Care Anywhere Group insiders think the business has merit. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example - Doctor Care Anywhere Group has 1 warning sign we think you should be aware of.