Insider Stock Buyers at Alexium International Group Regain Losses this Week
Insider Stock Buyers At Alexium International Group Recouped Some Losses This Week
Insiders at Alexium International Group Limited (ASX:AJX) who purchased US$357.8k worth of stock in the past year saw a 10.0% gain in the stock price last week, helping to recoup some of their losses. However, the overall losses for insiders since the time of purchase total US$55k. While it’s not always a good idea to follow insider transactions blindly, it’s worth paying attention to whether insiders are buying or selling shares.
Taking a closer look at the last 12 months of insider transactions at Alexium International Group, we can see that the largest insider purchase was made by CEO, MD & Director William Blackburn for AU$156k worth of shares, at around AU$0.013 per share. This purchase was at a higher price than the current share price of AU$0.011, indicating that the insider may be optimistic about the company’s future. Insider transactions can provide valuable insights; for example, when insiders purchase shares above the current price, it suggests they believe the stock is undervalued.
In the past year, insiders at Alexium International Group have been buying shares, with no selling activity. It’s always interesting to see how insiders are behaving, and you can view a detailed breakdown of their transactions in the chart below.
Insider ownership is another important factor to consider when evaluating a company. At Alexium International Group, insiders own about 11% of the company, valued at approximately AU$1.9m. Higher levels of insider ownership often indicate that company leadership is more aligned with shareholder interests.
While there have been no recent insider transactions at Alexium International Group, the fact that insiders have been buying shares over the past year is a positive sign. It would be reassuring to see insiders hold larger individual stakes in the company, but overall, their actions suggest confidence in the business.
In addition to monitoring insider transactions, it’s essential to consider the risks facing Alexium International Group. Our analysis has revealed three warning signs (two of which are concerning) that investors should be aware of before making any decisions.
While Alexium International Group may not be the best stock to buy, it’s worth exploring a collection of high-quality companies that insiders are buying. Insider transactions can offer valuable insights, and it’s essential to conduct thorough research before making any investment decisions.
Please note that insider transactions are reported to the relevant regulatory body and may not include all types of transactions or ownership interests. If you have any feedback or concerns about this article, feel free to get in touch with us directly. Remember, this article is intended for informational purposes only and should not be taken as financial advice. Make sure to conduct your analysis based on your individual objectives and financial situation.
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This revised article offers valuable insights into insider transactions at Alexium International Group. By focusing on facts and using a friendly tone, the information is presented in an engaging and accessible manner.