Have Entrée Resources Insiders Been Selling Stock?

Investors may wish to note that the Chief Financial Officer of Entrée Resources Ltd., Duane Lo, recently netted CA$120k from selling stock, receiving an average price of CA$1.96. On the bright side, that's just a small sale and only reduced their holding by 4.6%.

View our latest analysis for Entrée Resources

The Last 12 Months Of Insider Transactions At Entrée Resources

Notably, that recent sale by Duane Lo is the biggest insider sale of Entrée Resources shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even below the current price of CA$2.17. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. It is worth noting that this sale was only 4.6% of Duane Lo's holding.

In the last year Entrée Resources insiders didn't buy any company stock. 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!

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).

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. From our data, it seems that Entrée Resources insiders own 3.2% of the company, worth about CA$14m. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

What Might The Insider Transactions At Entrée Resources Tell Us?

Insiders sold Entrée Resources shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! 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. Be aware that Entrée Resources is showing 5 warning signs in our investment analysis, and 4 of those shouldn't be ignored...

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.

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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.