TAAT Global Alternatives Insiders May Regret Not Buying More, Market Cap Hits CA$2.0m

Insiders who bought TAAT Global Alternatives Inc. (CSE:TAAT) stock in the last 12 months were richly rewarded last week. The company's market value increased by CA$474k as a result of the stock's 25% gain over the same period. In other words, the original CA$297.5k purchase is now worth CA$495.8k.

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 TAAT Global Alternatives

TAAT Global Alternatives Insider Transactions Over The Last Year

The Chairman Joel Dumaresq made the biggest insider purchase in the last 12 months. That single transaction was for CA$275k worth of shares at a price of CA$0.12 each. Even though the purchase was made at a significantly lower price than the recent price (CA$0.20), we still think insider buying is a positive. 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.

While TAAT Global Alternatives insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

TAAT Global Alternatives is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insiders At TAAT Global Alternatives Have Bought Stock Recently

It's good to see that TAAT Global Alternatives insiders have made notable investments in the company's shares. In total, insiders bought CA$298k worth of shares in that time, and we didn't record any sales whatsoever. That shows some optimism about the company's future.

Does TAAT Global Alternatives Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. TAAT Global Alternatives insiders own about CA$825k worth of shares (which is 41% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The TAAT Global Alternatives Insider Transactions Indicate?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about TAAT Global Alternatives. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing TAAT Global Alternatives. Our analysis shows 5 warning signs for TAAT Global Alternatives (4 are significant!) and we strongly recommend you look at them before investing.

Of course TAAT Global Alternatives 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.