Have Entrée Resources Insiders Been Selling Stock?

We note that the Entrée Resources Ltd. (TSE:ETG) VP of Legal Affairs & Corporate Secretary, Susan McLeod, recently sold CA$118k worth of stock for CA$2.35 per share. On the bright side, that's just a small sale and only reduced their holding by 3.4%.

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Entrée Resources Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Independent Director Michael Price bought CA$121k worth of shares at a price of CA$2.02 per share. We do like to see buying, but this purchase was made at well below the current price of CA$2.26. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months insiders purchased 110.00k shares for CA$229k. But insiders sold 266.08k shares worth CA$581k. In total, Entrée Resources insiders sold more than they bought over 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!

Check out our latest analysis for Entrée Resources

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Does Entrée Resources 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. It appears that Entrée Resources insiders own 3.5% of the company, worth about CA$17m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Entrée Resources Tell Us?

Insiders sold Entrée Resources shares recently, but they didn't buy any. And our longer term analysis of insider transactions didn't bring confidence, either. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To help with this, we've discovered 4 warning signs (3 are a bit unpleasant!) that you ought to be aware of before buying any shares in Entrée Resources.

But note: Entrée Resources 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.