Insider Buyers Lose Additional CA$96k As Marksmen Energy Dips To CA$5.8m

Insiders who bought CA$181.3k worth of Marksmen Energy Inc.'s (CVE:MAH) stock at an average buy price of CA$0.063 over the last year may be disappointed by the recent 14% decrease in the stock. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only CA$85.7k.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Marksmen Energy

The Last 12 Months Of Insider Transactions At Marksmen Energy

The Chairman, Archibald Nesbitt, made the biggest insider sale in the last 12 months. That single transaction was for CA$94k worth of shares at a price of CA$0.085 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of CA$0.03. So it may not shed much light on insider confidence at current levels. Notably Archibald Nesbitt was also the biggest buyer, having purchased CA$181k worth of shares.

In the last twelve months insiders purchased 2.86m shares for CA$181k. But they sold 2.15m shares for CA$169k. In the last twelve months there was more buying than selling by Marksmen Energy insiders. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Marksmen Energy Insiders Bought Stock Recently

We saw some Marksmen Energy insider buying shares in the last three months. In total, insiders bought CA$45k worth of shares in that time. But they sold CA$20k worth. While it's good to see the insider buying, the net amount bought isn't enough for us to gain much confidence from it.

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Marksmen Energy insiders own about CA$2.7m worth of shares (which is 47% of the company). 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 Marksmen Energy Insiders?

Our data shows a little insider buying, but no selling, in the last three months. That said, the purchases were not large. On a brighter note, the transactions over the last year are encouraging. Judging from their transactions, and high insider ownership, Marksmen Energy insiders feel good about the company's future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we've found that Marksmen Energy has 4 warning signs (3 don't sit too well with us!) that deserve your attention before going any further with your analysis.

But note: Marksmen Energy 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.