Insider Returns Down To US$53k As ASP Isotopes' Stock Dips 14%

Insiders who purchased ASP Isotopes Inc. (NASDAQ:ASPI) shares in the past 12 months are unlikely to be deeply impacted by the stock's 14% decline over the past week. Reason being, despite the recent loss, insiders original purchase value of US$119.4k is now worth US$172.8k.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for ASP Isotopes

The Last 12 Months Of Insider Transactions At ASP Isotopes

Over the last year, we can see that the biggest insider purchase was by Independent Director Robert Ryan for US$70k worth of shares, at about US$3.72 per share. We do like to see buying, but this purchase was made at well below the current price of US$4.93. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Robert Ryan bought a total of 35.05k shares over the year at an average price of US$3.41. 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 undervalued small cap companies that insiders are buying.

Does ASP Isotopes Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 24% of ASP Isotopes shares, worth about US$91m. 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 ASP Isotopes Tell Us?

The fact that there have been no ASP Isotopes insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. Insiders own shares in ASP Isotopes and we see no evidence to suggest they are worried about the 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. For example, ASP Isotopes has 3 warning signs (and 2 which are a bit concerning) we think you should know about.

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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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.