Doctor Care Anywhere Group Reaches AU$28m Market Cap Benefiting Insider Stock Buying

Insiders who bought Doctor Care Anywhere Group PLC (ASX:DOC) stock in the last 12 months were richly rewarded last week. The company's market value increased by AU$4.4m as a result of the stock's 19% gain over the same period. As a result, the stock they originally bought for UK£213.7k is now worth UK£275.9k.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Doctor Care Anywhere Group

The Last 12 Months Of Insider Transactions At Doctor Care Anywhere Group

The insider Alexander Waislitz made the biggest insider purchase in the last 12 months. That single transaction was for AU$162k worth of shares at a price of AU$0.062 each. Even though the purchase was made at a significantly lower price than the recent price (AU$0.076), we still think insider buying is a positive. 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.

Doctor Care Anywhere Group insiders may have bought shares in the last year, but they didn't sell any. 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!

Doctor Care Anywhere Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insiders At Doctor Care Anywhere Group Have Bought Stock Recently

It's good to see that Doctor Care Anywhere Group insiders have made notable investments in the company's shares. Specifically, insider Alexander Waislitz bought AU$162k worth of shares in that time, and we didn't record any sales whatsoever. This makes one think the business has some good points.

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Doctor Care Anywhere Group insiders own about AU$13m worth of shares (which is 48% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Doctor Care Anywhere Group Tell Us?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. When combined with notable insider ownership, these factors suggest Doctor Care Anywhere Group insiders are well aligned, and quite possibly think the share price is too low. One for the watchlist, at least! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we found 3 warning signs for Doctor Care Anywhere Group that deserve your attention before buying any shares.

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.