Alexander Paul Blakeley Bought 10% More Shares In Jadestone Energy

Potential Jadestone Energy plc (LON:JSE) shareholders may wish to note that the President, Alexander Paul Blakeley, recently bought UK£148k worth of stock, paying UK£0.29 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 10%.

Check out our latest analysis for Jadestone Energy

The Last 12 Months Of Insider Transactions At Jadestone Energy

In fact, the recent purchase by Alexander Paul Blakeley was the biggest purchase of Jadestone Energy shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of UK£0.30 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. In this case we're pleased to report that the insider bought shares at close to current prices. Alexander Paul Blakeley was the only individual insider to buy during the last year.

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!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Does Jadestone Energy Boast High 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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Based on our data, Jadestone Energy insiders have about 1.1% of the stock, worth approximately UK£1.8m. We prefer to see high levels of insider ownership.

So What Does This Data Suggest About Jadestone Energy Insiders?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Jadestone Energy stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Jadestone Energy. For example - Jadestone Energy has 1 warning sign we think you should be aware of.

Of course Jadestone Energy 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.