Cellular Goods PLC (LON:CBX) insiders are still down UK£111k after purchasing last year, recent gain helped regain some losses

Some of the losses seen by insiders who purchased UK£155k worth of Cellular Goods PLC (LON:CBX) shares over the past year were recovered after the stock increased by 24% over the past week. However, the purchase is proving to be a costly gamble, since losses made by insiders have totalled UK£111k since the time of purchase.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

If you're not interested in researching CBX's insider transactions, we have a free list of interesting investing ideas to potentially inspire your next investment!

Cellular Goods Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Chief Strategy Officer & Director Alexis Abraham bought UK£155k worth of shares at a price of UK£0.077 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£0.022). It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Alexis Abraham was the only individual insider to buy shares in the last twelve months.

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!

Cellular Goods is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

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. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that Cellular Goods insiders own 8.5% of the company, worth about UK£945k. But they may have an indirect interest through a corporate structure that we haven't picked up on. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Cellular Goods Tell Us?

The fact that there have been no Cellular Goods insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if Cellular Goods insiders bought more shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Cellular Goods. To help with this, we've discovered 4 warning signs (3 are potentially serious!) that you ought to be aware of before buying any shares in Cellular Goods.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

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, but not derivative transactions.

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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.