Bridge SaaS Insider Ups Holding During Year

Looking at Bridge SaaS Limited's (ASX:BGE ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for Bridge SaaS

Bridge SaaS Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Non-Executive Director John Tarrant for AU$114k worth of shares, at about AU$0.033 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being AU$0.03). Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. John Tarrant was the only individual insider to buy during the last year.

John Tarrant bought 4.23m shares over the last 12 months at an average price of AU$0.033. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Bridge SaaS is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership Of Bridge SaaS

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 34% of Bridge SaaS shares, worth about AU$1.7m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Bridge SaaS Tell Us?

There haven't been any insider transactions in the last three months -- that doesn't mean much. But insiders have shown more of an appetite for the stock, over the last year. Overall we don't see anything to make us think Bridge SaaS insiders are doubting the company, and they do own shares. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bridge SaaS. While conducting our analysis, we found that Bridge SaaS has 5 warning signs and it would be unwise to ignore them.

Of course Bridge SaaS may not be the best stock to buy. So you may wish to see this free collection of high quality 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.