When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Finexia Financial Group Limited's (ASX:FNX) instance, it's good news for shareholders.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Finexia Financial Group

The Last 12 Months Of Insider Transactions At Finexia Financial Group

In the last twelve months, the biggest single purchase by an insider was when insider Glenn Molloy bought AU$360k worth of shares at a price of AU$0.24 per share. That means that an insider was happy to buy shares at above the current price of AU$0.21. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

In the last twelve months Finexia Financial Group insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insiders At Finexia Financial Group Have Bought Stock Recently

There was some insider buying at Finexia Financial Group over the last quarter. Non-Executive Director Robert Spano bought AU$20k worth of shares in that time. We like it when there are only buyers, and no sellers. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.

Does Finexia Financial Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Finexia Financial Group insiders own 35% of the company, worth about AU$3.7m. 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 Does This Data Suggest About Finexia Financial Group Insiders?

Insider purchases may have been minimal, in the last three months, but there was no selling at all. The net investment is not enough to encourage us much. However, our analysis of transactions over the last year is heartening. Insiders own shares in Finexia Financial Group and we see no evidence to suggest they are worried about the 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. At Simply Wall St, we've found that Finexia Financial Group has 6 warning signs (2 can't be ignored!) that deserve your attention before going any further with your analysis.