Kaiser Reef Executive Director - Operations & Executive Director Acquires 22% More Stock
Whilst it may not be a huge deal, we thought it was good to see that the Kaiser Reef Limited (ASX:KAU) Executive Director - Operations & Executive Director, Bradley Valiukas, recently bought AU$117k worth of stock, for AU$0.19 per share. That purchase might not be huge but it did increase their holding by 22%.
Kaiser Reef Insider Transactions Over The Last Year
In fact, the recent purchase by Bradley Valiukas was the biggest purchase of Kaiser Reef shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at above the current price of AU$0.18. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Bradley Valiukas was the only individual insider to buy during the last year.
Bradley Valiukas bought a total of 805.00k shares over the year at an average price of AU$0.19. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
See our latest analysis for Kaiser Reef
Kaiser Reef 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 Kaiser Reef Boast High Insider Ownership?
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 13% of Kaiser Reef shares, worth about AU$14m. 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 Kaiser Reef Tell Us?
It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Given that insiders also own a fair bit of Kaiser Reef we think they are probably pretty confident of a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Be aware that Kaiser Reef is showing 2 warning signs in our investment analysis, and 1 of those is a bit unpleasant...
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.