Andrea Fiederer Is The Executive VP & Chief Marketing Officer of goeasy Ltd. (TSE:GSY) And They Just Picked Up 4.2% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the goeasy Ltd. (TSE:GSY) Executive VP & Chief Marketing Officer, Andrea Fiederer, recently bought CA$102k worth of stock, for CA$113 per share. Although the purchase is not a big one, increasing their shareholding by only 4.2%, it can be interpreted as a good sign.

See our latest analysis for goeasy

goeasy Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Independent Director, Sean Morrison, sold CA$414k worth of shares at a price of CA$120 per share. That means that an insider was selling shares at around the current price of CA$111. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Happily, we note that in the last year insiders paid CA$135k for 1.15k shares. But insiders sold 3.85k shares worth CA$464k. Over the last year we saw more insider selling of goeasy shares, than buying. 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!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that goeasy insiders own 22% of the company, worth about CA$411m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About goeasy Insiders?

It is good to see the recent insider purchase. However, the longer term transactions are not so encouraging. Overall, we'd prefer see a more sustained buying from directors, but with a significant insider holding and more recent purchases, goeasy insiders are reasonably well aligned, and optimistic for 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. To that end, you should learn about the 5 warning signs we've spotted with goeasy (including 2 which make us uncomfortable).

Of course goeasy 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, 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.