When one insider buys stock, it’s usually not a big deal. However, if multiple insiders purchase shares, of RAS Technology Holdings Limited (ASX:RTH) For example, this is good news for shareholders.
While insider trading is not the most important thing when it comes to long-term investing, we believe it is perfectly logical to monitor insider behavior.
Check out the latest analysis from RAS Technology Holdings
Insider trading at RAS Technology Holdings in the last 12 months
There is no insider trading that stands out in particular, but you can see the overall trading.
RAS Technology Holdings insiders may have bought shares last year, but did not sell them. The average purchase price was around AU$0.58. It’s certainly positive that an insider invested his own money in the company. Note, however, that they were buying at a significantly lower price than today’s stock price of A$0.75. Below is a visual depiction of insider trading (by companies and individuals) over the last 12 months. Click on the graphs below to see the exact details of each insider trading!
RAS Technology Holdings isn’t the only stock that insiders are buying.Let’s take a look at this freedom List of companies growing with insider buying.
RAS Technology Holdings insider recently bought shares
I have seen insiders buy shares in RAS Technology Holdings in the last three months. At the time, insiders put his A$51,000 into stock. It’s great that insiders only buy instead of sell. But in this case, the amount you bought means your recent transaction may not mean much on its own.
For public shareholders, it is worth checking the number of shares held by internal parties. Usually, the higher the insider’s ownership, the more likely the insider has an incentive to build the company over the long term. A RAS Technology Holdings insider owns approximately A$22 million worth of shares (which represents his 63% of the company). This type of significant ownership by insiders generally increases the likelihood that the company will operate for the benefit of all shareholders.
So what does this data tell us about insiders at RAS Technology Holdings?
Seeing recent insider purchases is certainly positive. On the other hand, however, the company has been losing money in the last year and is a little more cautious. In addition to the high insider ownership, this analysis suggests that insiders are very bullish on his RAS Technology Holdings. That’s what I want to see! In addition to knowing about ongoing insider trading, it is useful to identify the risks facing RAS Technology Holdings.To help with this, we have discovered two warning signs Read on for a better overview of RAS Technology Holdings.
of course RAS Technology Holdings may not be the best stock to buySo you might want to watch this freedom A collection of quality companies.
For the purposes of this article, an insider is an individual who reports a transaction to the relevant regulatory body. Currently, we consider open market transactions and private disposals, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Is not …
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