Credit Clear Insider Ups Holding By 12% During Year

Insiders were net buyers of Credit Clear Limited's (ASX:CCR ) stock during the past year. That is, insiders bought more stock than they sold.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Credit Clear

Credit Clear Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when insider Alexander Waislitz bought AU$776k worth of shares at a price of AU$0.19 per share. Even though the purchase was made at a significantly lower price than the recent price (AU$0.23), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Credit Clear insiders own about AU$43m worth of shares (which is 43% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Credit Clear Tell Us?

The fact that there have been no Credit Clear insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. Judging from their transactions, and high insider ownership, Credit Clear insiders feel good about the company's future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Credit Clear. When we did our research, we found 3 warning signs for Credit Clear (1 is potentially serious!) that we believe deserve your full attention.

Of course Credit Clear may not be the best stock to buy. So you may wish to see this free collection of high quality 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.