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Investors who take an interest in Jadestone Energy plc (LON:JSE) should definitely note that the President, Alexander Paul Blakeley, recently paid UK£0.29 per share to buy UK£148k worth of the stock. That's a very decent purchase to our minds and it grew their holding by a solid 10%.
Check out our latest analysis for Jadestone Energy
The Last 12 Months Of Insider Transactions At Jadestone Energy
In fact, the recent purchase by Alexander Paul Blakeley was the biggest purchase of Jadestone Energy shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is UK£0.30. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider bought shares at close to current prices. Alexander Paul Blakeley 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. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Jadestone Energy 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.
Does Jadestone Energy Boast High 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. A high insider ownership often makes company leadership more mindful of shareholder interests. Based on our data, Jadestone Energy insiders have about 1.1% of the stock, worth approximately UK£1.8m. I generally like to see higher levels of ownership.
So What Does This Data Suggest About Jadestone Energy Insiders?
The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Jadestone Energy stock. 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. Every company has risks, and we've spotted 1 warning sign for Jadestone Energy you should know about.