With Doctor Care Anywhere Group Up 11%, Insider Buyers Count Their Returns

Doctor Care Anywhere Group PLC (ASX:DOC) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 11% resulting in a AU$2.6m addition to the company’s market value. Put another way, the original UK£250.0k acquisition is now worth UK£289.1k.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Doctor Care Anywhere Group

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

In the last twelve months, the biggest single purchase by an insider was when insider Alexander Waislitz bought AU$162k worth of shares at a price of AU$0.062 per share. Even though the purchase was made at a significantly lower price than the recent price (AU$0.07), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

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 that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. It appears that Doctor Care Anywhere Group insiders own 28% of the company, worth about AU$7.3m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Doctor Care Anywhere Group Insiders?

It doesn't really mean much that no insider has traded Doctor Care Anywhere Group shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in Doctor Care Anywhere Group and we see no evidence to suggest they are worried about the future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. While conducting our analysis, we found that Doctor Care Anywhere Group has 2 warning signs and it would be unwise to ignore these.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com