This Insider Has Just Sold Shares In Ai-Media Technologies

Some Ai-Media Technologies Limited (ASX:AIM) shareholders may be a little concerned to see that insider Deanne Weir recently sold a substantial AU$1.0m worth of stock at a price of AU$0.41 per share. That sale reduced their total holding by 13% which is hardly insignificant, but far from the worst we've seen.

Check out our latest analysis for Ai-Media Technologies

Ai-Media Technologies Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Co-Founder Anthony Abrahams for AU$1.6m worth of shares, at about AU$0.31 per share. Even though the purchase was made at a significantly lower price than the recent price (AU$0.76), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Happily, we note that in the last year insiders paid AU$3.2m for 10.18m shares. But they sold 2.50m shares for AU$1.0m. Overall, Ai-Media Technologies insiders were net buyers during the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Ai-Media Technologies 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

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. It appears that Ai-Media Technologies insiders own 30% of the company, worth about AU$47m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Ai-Media Technologies Insiders?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. When combined with notable insider ownership, these factors suggest Ai-Media Technologies insiders are well aligned, and that they may think the share price is too low. Of course, the future is what matters most. So if you are interested in Ai-Media Technologies, you should check out this free report on analyst forecasts for the company.

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 of direct interests only, but not derivative transactions or indirect interests.

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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.