George Bauer Bought 16% More Shares In AerSale

AerSale Corporation (NASDAQ:ASLE) shareholders (or potential shareholders) will be happy to see that insider George Bauer recently bought a whopping US$6.3m worth of stock, at a price of US$11.54. Not only is that a big swing, but it increased their holding size by 16%, which is definitely great to see.

View our latest analysis for AerSale

The Last 12 Months Of Insider Transactions At AerSale

In fact, the recent purchase by George Bauer was the biggest purchase of AerSale shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at above the current price of US$7.53. It's very possible they regret the purchase, but it's more likely they are bullish about the company. 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. We note that George Bauer was also the biggest seller.

Over the last year, we can see that insiders have bought 807.38k shares worth US$9.1m. But insiders sold 20.00k shares worth US$301k. In total, AerSale insiders bought more than they sold over the last year. They paid about US$11.31 on average. I'd consider this a positive as it suggests insiders see value at around the current price. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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

Does AerSale Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. AerSale insiders own about US$96m worth of shares. That equates to 24% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The AerSale Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Insiders likely see value in AerSale shares, given these transactions (along with notable insider ownership of the company). If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

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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