Usually it may not be a monumental event when an insider buys stock. But when several insiders buy as in the case of Asure Software, Inc. (Nasdaq: Asur), which sends a positive message to the shareholders of the company.
Although insider transactions are not the most important thing when it comes to investing in the long term, we would consider it fool to completely ignore Insider transactions.
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In the last twelve months, the largest purchase was by an insider when independent director William Drewer $ 208K bought shares at a price of US $ 8.30 per share. That means that an insider would like to buy shares at the current price of US $ 8.03. Although their opinion may have changed since the purchase has been made, this at least suggests that they have had faith in the future of the company. In our opinion, the price that an insider pays for shares is very important. As a general rule, we feel more positive about a share if insiders have purchased shares at the above -mentioned prices, because it suggests that they have considered the share as a good price, even at a higher price.
In the past year we can see that insiders have purchased 30.25K shares worth US $ 250K. But they sold 148.00 shares for US $ 1.5k. In the past twelve months there was more buying than selling by Asure Software Insiders. In the past 12 months you can see a visual representation of Insider transactions (by companies and individuals). If you want to know exactly who sold, for how much and when, simply click on the graph below!
View our latest analysis for Asure software
There are many other companies that have insiders that buy shares. You do it not wants to miss this free List of undervalued small CAP companies that buy insiders.
It is good to see that insiders of Asure software have made remarkable investments in the shares of the company. There was not only no sale that we can see, but they bought us together $ 250k of shares. That shows some optimism about the future of the company.
Another way to test the coordination between the leaders of a company and other shareholders is by looking at how many shares they own. Usually, the higher the insider, the greater the chance that insiders will be encouraged to build the company in the long term. Insiders have 7.6% of the Asure software shares, worth around US $ 17 million. This level of insider ownership is good, but just behind the particularly striking. It certainly suggests a reasonable degree of coordination.
It is certainly positive to see the recent insider purchases. And an analysis of transactions in the past year also gives us confidence. However, we note that the company has not made a profit in the last twelve months, which makes us careful. In combination with remarkable Insider -ownership, these factors suggest that Asure software -insiders are well matched, and that they may think that the stock price is too low. If you are like me, you may want to think if this company will grow or shrink. Fortunately you can check this free Show reporting analyst forecasts for his future.
Naturally Asure software may not be the best stock to buy. So maybe you want to see this free collection of high quality companies.
For the purposes of this article are insiders who report their transactions to the relevant regulatory body. We are currently responsible for open market transactions and private dispositions of direct interests, but no derived transactions or indirect interests.
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This article by Simply Wall St is generally in nature. We comment based on historical data and analyst forecasts that only use an unbiased methodology and our articles are not intended as financial advice. It is not a recommendation to buy or sell shares and does not take your objectives or your financial situation into account. We strive to bring you in the long term -targeted analysis, powered by fundamental data. Note that our analysis may not take into account the latest price -sensitive company announcements or qualitative material. Simply Wall St has no position in the aforementioned stocks.
