President of Talisker Resources Picks Up 13% More Stock

Potential Talisker Resources Ltd. (TSE:TSK) shareholders may wish to note that the President, Terence Harbort, recently bought CA$150k worth of stock, paying CA$0.40 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 13%.

View our latest analysis for Talisker Resources

The Last 12 Months Of Insider Transactions At Talisker Resources

Notably, that recent purchase by President Terence Harbort was not the only time they bought Talisker Resources shares this year. Earlier in the year, they paid CA$0.30 per share in a CA$200k purchase. Even though the purchase was made at a significantly lower price than the recent price (CA$0.40), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

Happily, we note that in the last year insiders paid CA$541k for 1.57m shares. But insiders sold 261.62k shares worth CA$82k. Overall, Talisker Resources insiders were net buyers during the last year. They paid about CA$0.34 on average. We don't deny that it is nice to see insiders buying stock in the company. However, you should keep in mind that they bought when the share price was meaningfully below today's levels. 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!

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

Insider Ownership Of Talisker Resources

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. From looking at our data, insiders own CA$1.9m worth of Talisker Resources stock, about 4.9% of the company. I generally like to see higher levels of ownership.

So What Does This Data Suggest About Talisker Resources Insiders?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Talisker Resources insiders are reasonably well aligned, and optimistic for the future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 4 warning signs for Talisker Resources you should be aware of, and 2 of them can't be ignored.

Of course Talisker Resources 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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