Insiders Who Sold Minsud Resources Missed Out On 27% Stock Increase

While it’s been a great week for Minsud Resources Corp. (CVE:MSR) shareholders after stock gained 27%, not so much for insiders who sold stock over the past year. Had they waited, they might have been able to sell their stock at much higher prices and thereby received a better value 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 Minsud Resources

Minsud Resources Insider Transactions Over The Last Year

The Director, Paul Andersen, made the biggest insider sale in the last 12 months. That single transaction was for CA$79k worth of shares at a price of CA$1.35 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is CA$0.89. So it may not tell us anything about how insiders feel about the current share price. Paul Andersen was the only individual insider to sell over the last year.

Paul Andersen ditched 97.50k shares over the year. The average price per share was CA$1.15. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership Of Minsud Resources

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. We usually like to see fairly high levels of insider ownership. It appears that Minsud Resources insiders own 16% of the company, worth about CA$18m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Minsud Resources Insiders?

It doesn't really mean much that no insider has traded Minsud Resources shares in the last quarter. Our analysis of Minsud Resources insider transactions leaves us cautious. The modest level of insider ownership is, at least, some comfort. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Minsud Resources. When we did our research, we found 4 warning signs for Minsud Resources (3 shouldn't be ignored!) that we believe deserve your full attention.

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.