雅虎香港財經 This Flame Acquisition Insider Increased Their Holding In The Last Year \
Insiders were net buyers of Flame Acquisition Corp.'s (NYSE:FLME ) stock during the past year. That is, insiders bought more stock than they sold.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for Flame Acquisition
The Last 12 Months Of Insider Transactions At Flame Acquisition
Over the last year, we can see that the biggest insider purchase was by Chairman & CEO James Flores for US$76k worth of shares, at about US$10.10 per share. So it's clear an insider wanted to buy, at around the current price, which is US$10.16. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Flame Acquisition share holders is that an insider was buying at near the current price. James Flores was the only individual insider to buy shares in the last twelve months.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Flame Acquisition Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Flame Acquisition insiders own about US$57m worth of shares. That equates to 36% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Do The Flame Acquisition Insider Transactions Indicate?
It doesn't really mean much that no insider has traded Flame Acquisition shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Flame Acquisition and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Flame Acquisition. For example - Flame Acquisition has 3 warning signs we think you should be aware of.
But note: Flame Acquisition 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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