This Epsilon Energy Insider Increased Their Holding By 67% Last Year
From what we can see, insiders were net buyers in Epsilon Energy Ltd.'s (NASDAQ:EPSN ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for Epsilon Energy
The Last 12 Months Of Insider Transactions At Epsilon Energy
Over the last year, we can see that the biggest insider purchase was by President Jason Stabell for US$123k worth of shares, at about US$5.09 per share. We do like to see buying, but this purchase was made at well below the current price of US$5.92. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
Jason Stabell purchased 64.80k shares over the year. The average price per share was US$5.08. 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!
Epsilon Energy is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Does Epsilon Energy Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Based on our data, Epsilon Energy insiders have about 2.5% of the stock, worth approximately US$3.4m. We consider this fairly low insider ownership.
So What Does This Data Suggest About Epsilon Energy Insiders?
It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Epsilon Energy insiders are reasonably well aligned, and optimistic for the future. 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. You'd be interested to know, that we found 1 warning sign for Epsilon Energy and we suggest you have a look.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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