Insiders of Invesque Getting Good Value On Their US$860.0k Investment

Invesque Inc. (TSE:IVQ) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 14% resulting in a CA$14m addition to the company’s market value. In other words, the original US$860.0k purchase is now worth US$2.12m.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Invesque

The Last 12 Months Of Insider Transactions At Invesque

The CEO & Director Adlai Chester made the biggest insider purchase in the last 12 months. That single transaction was for CA$860k worth of shares at a price of CA$0.051 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$0.13. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, 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

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. From looking at our data, insiders own CA$1.8m worth of Invesque stock, about 1.9% of the company. I generally like to see higher levels of ownership.

What Might The Insider Transactions At Invesque Tell Us?

It doesn't really mean much that no insider has traded Invesque shares in the last quarter. However, our analysis of transactions over the last year is heartening. We'd like to see bigger individual holdings. However, we don't see anything to make us think Invesque insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Invesque. For instance, we've identified 3 warning signs for Invesque (2 are significant) you should be aware of.

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.