IsoEnergy Insiders Forfeit On 12% Gains After Selling Stock

Even though IsoEnergy Ltd. (TSE:ISO) stock gained 12% last week, insiders who sold CA$319k worth of stock over the past year are probably better off. Selling at an average price of CA$15.59, which is higher than the current price, may have been the wisest decision for these insiders as their investment would have been worth less now than when they sold.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

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IsoEnergy Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the CEO & Director, Phillip Williams, for CA$319k worth of shares, at about CA$15.59 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is CA$13.77. So it may not tell us anything about how insiders feel about the current share price. Phillip Williams was the only individual insider to sell shares in the last twelve months.

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!

View our latest analysis for IsoEnergy

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insiders At IsoEnergy Have Sold Stock Recently

Over the last three months, we've seen significant insider selling at IsoEnergy. In total, CEO & Director Phillip Williams dumped CA$319k worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data suggests IsoEnergy insiders own 0.9% of the company, worth about CA$6.7m. I generally like to see higher levels of ownership.

What Might The Insider Transactions At IsoEnergy Tell Us?

An insider sold IsoEnergy shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. When you consider that most companies have higher levels of insider ownership, we're a little wary. So we'd only buy after very careful consideration. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To help with this, we've discovered 4 warning signs (1 is significant!) that you ought to be aware of before buying any shares in IsoEnergy.

But note: IsoEnergy 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.