Tracsis Insiders Are Down UK£22k But Regain Some Losses

Insiders who purchased UK£47.0k worth of Tracsis plc (LON:TRCS) shares over the past year recouped some of their losses after price gained 11% last week. The purchase, however, has proven to be a pricey bet, with losses currently totalling UK£22k.

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.

Check out our latest analysis for Tracsis

Tracsis Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Non Executive Director Ross Paterson for UK£42k worth of shares, at about UK£8.75 per share. That means that even when the share price was higher than UK£4.30 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

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

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

Have Tracsis Insiders Traded Recently?

We saw some Tracsis insider buying shares in the last three months. Independent Non-Executive Director Tracy Sheedy purchased UK£5.0k worth of shares in that period. We like it when there are only buyers, and no sellers. However, in this case the amount invested recently is quite small.

Insider Ownership Of Tracsis

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Our information indicates that Tracsis insiders own about UK£271k worth of shares. It's always possible we are missing something but from our data, it looks like insider ownership is minimal.

So What Do The Tracsis Insider Transactions Indicate?

Our data shows a little insider buying, but no selling, in the last three months. Overall the buying isn't worth writing home about. However, our analysis of transactions over the last year is heartening. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Tracsis stock. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. You'd be interested to know, that we found 2 warning signs for Tracsis and we suggest you have a look.

Of course Tracsis 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.