Positive Signs As Multiple Insiders Buy AerSale Stock

When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in AerSale Corporation's (NASDAQ:ASLE) instance, it's good news for shareholders.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

We check all companies for important risks. See what we found for AerSale in our free report.

AerSale Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Chairman Nicolas Finazzo for US$107k worth of shares, at about US$5.36 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$6.16. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 37.00k shares worth US$210k. But they sold 1.14k shares for US$5.8k. In the last twelve months there was more buying than selling by AerSale insiders. 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!

See our latest analysis for AerSale

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that AerSale insiders own 27% of the company, worth about US$79m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The AerSale Insider Transactions Indicate?

The fact that there have been no AerSale insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. Insiders own shares in AerSale and we see no evidence to suggest they are worried about the future. Of course, the future is what matters most. So if you are interested in AerSale, you should check out this free report on analyst forecasts for the company.

Of course AerSale 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.