Insider Returns Down To US$519k As Pulsar Helium's Stock Dips 12%

Insiders who bought Pulsar Helium Inc. (CVE:PLSR) stock lover the last 12 months are probably not as affected by last week’s 12% loss. After taking the recent loss into consideration, the US$466.4k worth of stock they bought is now worth US$985.2k, indicating that their investment yielded a positive return.

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 Pulsar Helium

The Last 12 Months Of Insider Transactions At Pulsar Helium

In the last twelve months, the biggest single purchase by an insider was when Executive Chairman Neil Herbert bought CA$225k worth of shares at a price of CA$0.30 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$0.66. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Happily, we note that in the last year insiders paid CA$466k for 1.49m shares. On the other hand they divested 69.10k shares, for CA$83k. Overall, Pulsar Helium insiders were net buyers during the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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

Pulsar Helium Insiders Are Selling The Stock

The last quarter saw substantial insider selling of Pulsar Helium shares. Specifically, President Thomas Abraham-James ditched CA$83k 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.

Does Pulsar Helium Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Pulsar Helium insiders own 33% of the company, worth about CA$25m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Pulsar Helium Tell Us?

An insider sold Pulsar Helium shares recently, but they didn't buy any. On the other hand, the insider transactions over the last year are encouraging. And insiders do own shares. So we're happy enough to look past some selling. 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. At Simply Wall St, we've found that Pulsar Helium has 7 warning signs (5 can't be ignored!) that deserve your attention before going any further with your analysis.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com