GreenTech Metals Up 39%, But Some Insiders Miss Out

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Despite a 39% gain in GreenTech Metals Limited’s (ASX:GRE) stock price this week, shareholders shouldn’t let up. The fact that insiders chose to dispose of AU$667k worth of stock in the past 12 months even though prices were relatively low could be indicative of some anticipated weakness.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for GreenTech Metals

GreenTech Metals Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the insider, Jason Peterson, sold AU$474k worth of shares at a price of AU$0.45 per share. We generally don’t like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest…

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