Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Jaeger Resources Corp. (CVE:JAEG.H), that sends out a positive message to the company's 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.

View our latest analysis for Jaeger Resources

The Last 12 Months Of Insider Transactions At Jaeger Resources

Over the last year, we can see that the biggest insider purchase was by insider Bruce Downing for CA$141k worth of shares, at about CA$0.01 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being CA$0.01). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

While Jaeger Resources insiders bought shares during the last year, they didn't sell. 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!

Jaeger Resources 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.

Insiders At Jaeger Resources Have Bought Stock Recently

Over the last three months, we've seen significant insider buying at Jaeger Resources. Not only was there no selling that we can see, but they collectively bought CA$171k worth of shares. This makes one think the business has some good points.

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. Jaeger Resources insiders own about CA$354k worth of shares. That equates to 32% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Jaeger Resources Insiders?

The recent insider purchases are heartening. 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. Insiders likely see value in Jaeger Resources shares, given these transactions (along with notable insider ownership of the company). 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. To assist with this, we've discovered 6 warning signs that you should run your eye over to get a better picture of Jaeger Resources.