Antilles Gold Insiders Still US$206k Away From Original Investment Value

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Insiders who bought US$282.1k worth of Antilles Gold Limited (ASX:AAU) stock in the last year have seen some of their losses recouped as the stock gained 14% last week. However, the purchase is proving to be an expensive wager as insiders are yet to get ahead of their losses which currently stand at US$206k since the time of purchase.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Antilles Gold

Antilles Gold Insider Transactions Over The Last Year

The Non-Executive Chairman Brian Johnson made the biggest insider purchase in the last 12 months. That single transaction was for AU$230k worth of shares at a price of AU$0.023 each. That means that an insider was happy to buy shares at above the current price of AU$0.004. 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. Brian Johnson was the only individual insider to buy shares in the last twelve months. Notably Brian Johnson was also the biggest seller.

Brian Johnson bought a total of 19.03m shares over the year at an average price of AU$0.015. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Antilles Gold is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Does Antilles Gold Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Antilles Gold insiders own about AU$924k worth of shares. That equates to 16% of the company. 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 Antilles Gold Insider Transactions Indicate?

Insider sales and purchases have netted out over the last three months, so it's hard to draw any conclusion from recent trading. On a brighter note, the transactions over the last year are encouraging. Insiders own shares in Antilles Gold and we see no evidence to suggest they are worried about the future. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Antilles Gold has 5 warning signs we think you should be aware of.