Even if it's not a huge purchase, we think it was good to see that Susan L. Rose, the President of Rubellite Energy Corp. (TSE:RBY) recently shelled out CA$90k to buy stock, at CA$1.80 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

Our free stock report includes 3 warning signs investors should be aware of before investing in Rubellite Energy. Read for free now.

Rubellite Energy Insider Transactions Over The Last Year

Notably, that recent purchase by Susan L. Rose is the biggest insider purchase of Rubellite Energy shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of CA$1.80. 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. Happily, the Rubellite Energy insiders decided to buy shares at close to current prices.

Rubellite Energy 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. 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 Rubellite Energy

Rubellite Energy 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.

Insider Ownership Of Rubellite Energy

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. From our data, it seems that Rubellite Energy insiders own 8.2% of the company, worth about CA$14m. But they may have an indirect interest through a corporate structure that we haven't picked up on. Whilst better than nothing, we're not overly impressed by these holdings.

So What Do The Rubellite Energy Insider Transactions Indicate?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Rubellite Energy shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that Rubellite Energy has 3 warning signs and it would be unwise to ignore these.