Panther Metals Executive Director Acquires 168% More Stock

Even if it's not a huge purchase, we think it was good to see that Ranko Matic, the Executive Director of Panther Metals Ltd (ASX:PNT) recently shelled out AU$145k to buy stock, at AU$0.015 per share. While that isn't the hugest buy, it actually boosted their shareholding by 168%, which is good to see.

See our latest analysis for Panther Metals

The Last 12 Months Of Insider Transactions At Panther Metals

Notably, that recent purchase by Ranko Matic is the biggest insider purchase of Panther Metals shares that we've seen in the last year. Even though the purchase was made at a significantly lower price than the recent price (AU$0.021), 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.

While Panther Metals 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. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Panther Metals is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

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 Panther Metals insiders own 29% of the company, worth about AU$535k. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Panther Metals Tell Us?

It is good to see recent purchasing. 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. Insiders likely see value in Panther Metals shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 5 warning signs for Panther Metals (of which 4 don't sit too well with us!) you should know about.

But note: Panther Metals 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 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.