Pantheon Resources Non-Executive Director Acquires 39% More Stock

Pantheon Resources Plc (LON:PANR) shareholders (or potential shareholders) will be happy to see that the Non-Executive Director, Jeremy Leonard Brest, recently bought a whopping UK£751k worth of stock, at a price of UK£0.69. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 39%.

The Last 12 Months Of Insider Transactions At Pantheon Resources

Notably, that recent purchase by Jeremy Leonard Brest is the biggest insider purchase of Pantheon Resources shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is UK£0.70. 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. Happily, the Pantheon Resources insiders decided to buy shares at close to current prices.

While Pantheon Resources insiders bought shares during the last year, they didn't sell. 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!

Check out our latest analysis for Pantheon Resources

Pantheon Resources is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. It appears that Pantheon Resources insiders own 4.2% of the company, worth about UK£34m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Pantheon Resources Tell Us?

It's certainly positive to see the recent insider purchases. 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. Given that insiders also own a fair bit of Pantheon Resources we think they are probably pretty confident of a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we've found that Pantheon Resources has 4 warning signs (3 are a bit concerning!) that deserve your attention before going any further with your analysis.

Of course Pantheon Resources 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.