From what we can see, insiders were net buyers in Aclara Resources Inc.’s (TSE:ARA ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.
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 Aclara Resources
Aclara Resources Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Chief Operating Officer Barry Murphy bought CA$76k worth of shares at a price of CA$0.48 per share. So it’s clear an insider wanted to buy, even at a higher price than the current share price (being CA$0.46). Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it’s very important to consider the price…
