Kingfisher Metals Insider Buyers Net CA$36k Despite 13% Stock Decline

Insiders who bought Kingfisher Metals Corp. (CVE:KFR) in the last 12 months may probably not pay attention to the stock's recent 13% drop. After accounting for the recent loss, the CA$240.6k worth of shares they purchased is now worth CA$276.4k, suggesting a good return on their investment.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Kingfisher Metals

The Last 12 Months Of Insider Transactions At Kingfisher Metals

The insider Alejandro Gubbins Cox made the biggest insider purchase in the last 12 months. That single transaction was for CA$200k worth of shares at a price of CA$0.17 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. 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.

In the last twelve months Kingfisher Metals insiders were buying shares, but not selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Kingfisher Metals insiders own 19% of the company, worth about CA$1.6m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Kingfisher Metals Insiders?

The fact that there have been no Kingfisher Metals insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Kingfisher Metals and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Kingfisher Metals. You'd be interested to know, that we found 6 warning signs for Kingfisher Metals and we suggest you have a look.

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 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.