Over the past year, many NGEx Minerals Ltd. (TSE:NGEX) insiders sold a significant stake in the company which may have piqued investors’ interest. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying versus knowing if they are selling, as the latter sends an ambiguous message. However, if numerous insiders are selling, shareholders should investigate more.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for NGEx Minerals
The Last 12 Months Of Insider Transactions At NGEx Minerals
Over the last year, we can see that the biggest insider purchase was by insider Axel Lundin for CA$1.9m worth of shares, at about CA$9.81 per share. That means that an insider was happy to buy…
