BETR Entertainment Insiders Up AU$1.1m On AU$3.00m Investment

Insiders who bought BETR Entertainment Limited (ASX:BBT) in the last 12 months may probably not pay attention to the stock's recent 12% drop. After taking the recent loss into consideration, the AU$3.00m worth of stock they bought is now worth AU$4.14m, indicating that their investment yielded a positive return.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

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The Last 12 Months Of Insider Transactions At BETR Entertainment

Over the last year, we can see that the biggest insider purchase was by insider Matthew Tripp for AU$2.0m worth of shares, at about AU$0.21 per share. Even though the purchase was made at a significantly lower price than the recent price (AU$0.29), 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.

While BETR Entertainment insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for BETR Entertainment

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of BETR Entertainment

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 39% of BETR Entertainment shares, worth about AU$69m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At BETR Entertainment Tell Us?

It doesn't really mean much that no insider has traded BETR Entertainment shares in the last quarter. However, our analysis of transactions over the last year is heartening. Overall we don't see anything to make us think BETR Entertainment insiders are doubting the company, and they do own shares. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing BETR Entertainment. You'd be interested to know, that we found 1 warning sign for BETR Entertainment 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 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.