Viewing insider transactions for Harvest Technology Group Ltd's (ASX:HTG ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Harvest Technology Group

The Last 12 Months Of Insider Transactions At Harvest Technology Group

Over the last year, we can see that the biggest insider purchase was by insider Carl Charalambous for AU$2.6m worth of shares, at about AU$0.38 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being AU$0.34). It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Carl Charalambous was the only individual insider to buy during the last year.

Carl Charalambous purchased 13.23m shares over the year. The average price per share was AU$0.34. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! insider-trading-volume

Harvest Technology Group is not the only stock insiders are buying. So take a peek at this freelist of growing companies with insider buying.

Insider Ownership of Harvest Technology Group

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 25% of Harvest Technology Group shares, worth about AU$44m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.



So What Does This Data Suggest About Harvest Technology Group Insiders?

It doesn't really mean much that no insider has traded Harvest Technology Group shares in the last quarter. However, our analysis of transactions over the last year is heartening. Insiders own shares in Harvest Technology Group and we see no evidence to suggest they are worried about the future. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To that end, you should learn about the 3 warning signs we've spotted with Harvest Technology Group (including 2 which are potentially serious).

But note: Harvest Technology Group may not be the best stock to buy. So take a peek at this freelist 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.

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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