Have Insiders Been Buying Gold Standard Ventures Corp (TSE:GSV) Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a business. So shareholders might well want to know whether insiders have been buying or selling shares in Gold Standard Ventures Corp (TSE:GSV).

What Is Insider Buying?

Most investors know that it is quite permissible for company leaders, such as directors of the board, to buy and sell stock in the company. However, such insiders must disclose their trading activities, and not trade on inside information.

Insider transactions are not the most important thing when it comes to long-term investing. But equally, we would consider it foolish to ignore insider transactions altogether. As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise'.

See our latest analysis for Gold Standard Ventures

Gold Standard Ventures Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Co-Founder & Director Jonathan Awde for CA$82k worth of shares, at about CA$1.01 per share. That means that even when the share price was higher than CA$0.93 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

Happily, we note that in the last year insiders paid CA$697k for 723.15k shares. But they sold 50.21k shares for CA$51k. In the last twelve months there was more buying than selling by Gold Standard Ventures insiders. 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!

Gold Standard Ventures is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insiders at Gold Standard Ventures Have Bought Stock Recently

We saw some Gold Standard Ventures insider buying shares in the last three months. Insiders purchased CA$43k worth of shares in that period. It's good to see the insider buying, as well as the lack of recent sellers. However, in this case the amount invested recently is quite small.

Insider Ownership of Gold Standard Ventures

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Our data suggests Gold Standard Ventures insiders own 2.0% of the company, worth about CA$5.8m. We consider this fairly low insider ownership.

So What Does This Data Suggest About Gold Standard Ventures Insiders?

Our data shows a little insider buying, but no selling, in the last three months. That said, the purchases were not large. But insiders have shown more of an appetite for the stock, over the last year. We'd like to see bigger individual holdings. However, we don't see anything to make us think Gold Standard Ventures insiders are doubting the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Be aware that Gold Standard Ventures is showing 2 warning signs in our investment analysis, and 1 of those doesn't sit too well with us...

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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, but not derivative transactions.

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