Quite a few insiders invested in Jubilee Metals Group PLC (LON:JLP) last year which is positive news for shareholders

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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 Jubilee Metals Group PLC (LON:JLP), 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 would consider it foolish to ignore insider transactions altogether.

View our latest analysis for Jubilee Metals Group

Jubilee Metals Group Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by CEO & Executive Director Leon Coetzer for UK£55k worth of shares, at about UK£0.11 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£0.16. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months Jubilee Metals Group insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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insider-trading-volume

Jubilee Metals Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Jubilee Metals Group Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Insiders own 2.6% of Jubilee Metals Group shares, worth about UK£9.9m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Jubilee Metals Group Tell Us?

The fact that there have been no Jubilee Metals Group insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. We'd like to see bigger individual holdings. However, we don't see anything to make us think Jubilee Metals Group insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Jubilee Metals Group. For instance, we've identified 2 warning signs for Jubilee Metals Group (1 is concerning) you should be aware of.

But note: Jubilee Metals Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

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, but not derivative transactions.

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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.

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