Lisa Coulman Spends CA$76k On Thunderbird Entertainment Group Stock

Whilst it may not be a huge deal, we thought it was good to see that the Thunderbird Entertainment Group Inc. (CVE:TBRD) Independent Director, Lisa Coulman, recently bought CA$76k worth of stock, for CA$1.90 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

Check out our latest analysis for Thunderbird Entertainment Group

Thunderbird Entertainment Group Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the CEO & Chairman, Jennifer McCarron, for CA$786k worth of shares, at about CA$3.93 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The good news is that this large sale was at well above current price of CA$1.93. So it may not shed much light on insider confidence at current levels.

Happily, we note that in the last year insiders paid CA$151k for 75.60k shares. On the other hand they divested 389.50k shares, for CA$1.4m. Over the last year we saw more insider selling of Thunderbird Entertainment Group shares, than buying. 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!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Thunderbird Entertainment Group

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. From looking at our data, insiders own CA$1.0m worth of Thunderbird Entertainment Group stock, about 1.1% of the company. We prefer to see high levels of insider ownership.

What Might The Insider Transactions At Thunderbird Entertainment Group Tell Us?

It is good to see recent purchasing. However, the longer term transactions are not so encouraging. We're not thrilled with the relatively low insider ownership and the longer term transaction history. But we like the recent purchasing. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 1 warning sign for Thunderbird Entertainment Group and we suggest you have a look.

Of course Thunderbird Entertainment Group 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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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.