Even if it's not a huge purchase, we think it was good to see that Karl Peter Siegling, the Non-Executive Director of Arq Group Limited (ASX:ARQ) recently shelled out AU$113k to buy stock, at AU$0.38 per share. That purchase might not be huge but it did increase their holding by 11%.
Arq Group Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the MD, CEO & Director, Martin Mercer, for AU$328k worth of shares, at about AU$1.75 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of AU$0.42. So it may not tell us anything about how insiders feel about the current share price. The only individual insider seller over the last year was Martin Mercer.
Over the last year, we can see that insiders have bought 462091 shares worth AU$354k. But they sold 381882 for AU$655k. Martin Mercer sold a total of 381882 shares over the year at an average price of AU$1.72. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Does Arq Group Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From our data, it seems that Arq Group insiders own 9.9% of the company, worth about AU$4.9m. Whilst better than nothing, we're not overly impressed by these holdings.
So What Does This Data Suggest About Arq Group Insiders?
It is good to see recent purchasing. On the other hand the transaction history, over the last year, isn't so positive. The transactions over the last year don't give us confidence, and nor does the fairly low insider ownership, but at least the recent buying is a positive. Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for Arq Group.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at email@example.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.