Yahoo Finance Insiders who purchased this year lose CA$289k as General Assembly Holdings Limited (CVE:GA) stock drops to CA$0.04
Insiders who bought CA$350k worth of General Assembly Holdings Limited's (CVE:GA) stock at an average buy price of CA$0.23 over the last year may be disappointed by the recent 27% decrease in the stock. Insiders purchase with the hope of seeing their investments increase in value over time. However, due to recent losses, their initial investment is now only worth CA$61k, which is not great.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
Check out our latest analysis for General Assembly Holdings
General Assembly Holdings Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when insider Timothy Nye bought CA$350k worth of shares at a price of CA$0.23 per share. That means that an insider was happy to buy shares at above the current price of CA$0.04. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Timothy Nye was the only individual insider to buy during the last year.
The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
General Assembly Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Does General Assembly Holdings Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that General Assembly Holdings insiders own 33% of the company, worth about CA$337k. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
What Might The Insider Transactions At General Assembly Holdings Tell Us?
It doesn't really mean much that no insider has traded General Assembly Holdings shares in the last quarter. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in General Assembly Holdings and their transactions don't cause us concern. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 6 warning signs for General Assembly Holdings (of which 4 are a bit concerning!) 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, but not derivative transactions.
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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.
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