![]() While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Given that insiders also own a fair bit of Total Energy Services we think they are probably pretty confident of a bright future. But we don't feel the same about the fact the company is making losses. And an analysis of the transactions over the last year also gives us confidence. The recent insider purchases are heartening. So What Do The Total Energy Services Insider Transactions Indicate? We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. Insiders own 7.9% of Total Energy Services shares, worth about CA$17m. ![]() We usually like to see fairly high levels of insider ownership. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!įor a common shareholder, it is worth checking how many shares are held by company insiders. The chart below shows insider transactions (by companies and individuals) over the last year. However, we do note that they were buying at significantly lower prices than today's share price. It is certainly positive to see that insiders have invested their own money in the company. The average buy price was around CA$2.92. In total, Total Energy Services insiders bought more than they sold over the last year. Happily, we note that in the last year insiders paid CA$2.1m for 734.81k shares. 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. We do like to see buying, but this purchase was made at well below the current price of CA$4.69. They previously made an even bigger purchase of CA$206k worth of shares at a price of CA$2.34 per share. In fact, the recent purchase by President Daniel Halyk was not their only acquisition of Total Energy Services shares this year. For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year'.Ĭheck out our latest analysis for Total Energy Services The Last 12 Months Of Insider Transactions At Total Energy Services But logic dictates you should pay some attention to whether insiders are buying or selling shares. Insider transactions are not the most important thing when it comes to long-term investing. ![]() However, rules govern insider transactions, and certain disclosures are required. It's quite normal to see company insiders, such as board members, trading in company stock, from time to time. So we'll take a look at whether insiders have been buying or selling shares in Total Energy Services Inc. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. It is not uncommon to see companies perform well in the years after insiders buy shares. ![]()
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