Insiders Give Up US$41k As Anteris Technologies Global Stock Drops To US$5.58

The recent 13% drop in Anteris Technologies Global Corp.'s (NASDAQ:AVR) stock could come as a blow to insiders who purchased US$102.2k worth of stock at an average buy price of US$9.29 over the past 12 months. This is not good as insiders invest based on expectations that their money will appreciate over time. However, as a result of recent losses, their original investment is now worth only US$61.4k.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

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The Last 12 Months Of Insider Transactions At Anteris Technologies Global

In the last twelve months, the biggest single purchase by an insider was when Non-Executive Director Susan Knight bought US$102k worth of shares at a price of US$9.29 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$5.58). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. The only individual insider to buy over the last year was Susan Knight.

The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Anteris Technologies Global

Anteris Technologies Global is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Based on our data, Anteris Technologies Global insiders have about 0.5% of the stock, worth approximately US$3.3m. We consider this fairly low insider ownership.

So What Do The Anteris Technologies Global Insider Transactions Indicate?

There haven't been any insider transactions in the last three months -- that doesn't mean much. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if Anteris Technologies Global insiders bought more shares in the company. 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 instance, we've identified 3 warning signs for Anteris Technologies Global (1 is concerning) you should be aware of.

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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