- Australia
- Healthtech
- ASX:IME
Insiders who purchased this year lose AU$181k as ImExHS Limited (ASX:IME) stock drops to AU$0.76
- Published
- May 11, 2022
Insiders who bought AU$490k worth of ImExHS Limited's (ASX:IME) stock at an average buy price of AU$1.20 over the last year may be disappointed by the recent 10% decrease in the stock. Insiders purchase with the hope of seeing their investments increase in value over time. However, due to recent losses, their initial investment is now only worth AU$309k, which is not great.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for ImExHS
ImExHS Insider Transactions Over The Last Year
While no particular insider transaction stood out, we can still look at the overall trading.
Happily, we note that in the last year insiders paid AU$490k for 409.01k shares. But they sold 59.16k shares for AU$75k. In the last twelve months there was more buying than selling by ImExHS insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
ImExHS is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insiders at ImExHS Have Bought Stock Recently
There was some insider buying at ImExHS over the last quarter. Insiders purchased AU$46k worth of shares in that period. It's good to see the insider buying, as well as the lack of recent sellers. However, in this case the amount invested recently is quite small.
Insider Ownership of ImExHS
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. ImExHS insiders own 47% of the company, currently worth about AU$12m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Do The ImExHS Insider Transactions Indicate?
We note a that there has been a bit of insider buying recently (but no selling). The net investment is not enough to encourage us much. On a brighter note, the transactions over the last year are encouraging. It would be great to see more insider buying, but overall it seems like ImExHS insiders are reasonably well aligned (owning significant chunk of the company's shares) and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing ImExHS. To help with this, we've discovered 5 warning signs (2 are concerning!) that you ought to be aware of before buying any shares in ImExHS.
But note: ImExHS 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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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.