Insiders Buying Intelicare Holdings Might Wish They Invested More, Stock Gains 33%

Insiders who bought Intelicare Holdings Limited (ASX:ICR) stock in the last 12 months were richly rewarded last week. The company's market value increased by AU$4.3m as a result of the stock's 33% gain over the same period. As a result, the stock they originally bought for AU$100.0k is now worth AU$200.0k.

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.

See our latest analysis for Intelicare Holdings

Intelicare Holdings Insider Transactions Over The Last Year

Notably, that recent purchase by Gregory Leach is the biggest insider purchase of Intelicare Holdings shares that we've seen in the last year. We do like to see buying, but this purchase was made at well below the current price of AU$0.016. 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.

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!

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 Intelicare Holdings

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. Our data suggests Intelicare Holdings insiders own 2.3% of the company, worth about AU$177k. We prefer to see high levels of insider ownership.

So What Does This Data Suggest About Intelicare Holdings Insiders?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. But we don't feel the same about the fact the company is making losses. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Intelicare Holdings insiders are reasonably well aligned, and optimistic for the future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 5 warning signs for Intelicare Holdings you should be aware of.

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.