John Schlederer Is The Independent Non-Executive Chairman of Academies Australasia Group Limited (ASX:AKG) And They Just Picked Up 3.5% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Academies Australasia Group Limited (ASX:AKG) Independent Non-Executive Chairman, John Schlederer, recently bought AU$116k worth of stock, for AU$0.30 per share. However, it only increased their shares held by 3.5%, and it wasn't a huge purchase by absolute value, either.

View our latest analysis for Academies Australasia Group

Academies Australasia Group Insider Transactions Over The Last Year

In fact, the recent purchase by Independent Non-Executive Chairman John Schlederer was not their only acquisition of Academies Australasia Group shares this year. Earlier in the year, they paid AU$0.25 per share in a AU$127k purchase. That implies that an insider found the current price of AU$0.31 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the Academies Australasia Group insiders decided to buy shares at close to current prices.

In the last twelve months Academies Australasia Group insiders were buying shares, but not selling. They paid about AU$0.31 on average. It's great to see insiders putting their own cash into the company's stock, albeit at below the recent share price. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

Academies Australasia Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

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. Academies Australasia Group insiders own 85% of the company, currently worth about AU$33m 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.

What Might The Insider Transactions At Academies Australasia Group Tell Us?

It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Academies Australasia Group. One for the watchlist, at least! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Academies Australasia Group has 3 warning signs we think you should be aware of.

But note: Academies Australasia Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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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