It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Boralex Inc.'s (TSE:BLX) case, it's fantastic news for shareholders.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Our free stock report includes 4 warning signs investors should be aware of before investing in Boralex. Read for free now.

The Last 12 Months Of Insider Transactions At Boralex

There wasn't any very large single transaction over the last year, but we can still observe some trading.

In the last twelve months Boralex insiders were buying shares, but not selling. 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!

Check out our latest analysis for Boralex TSX:BLX Insider Trading Volume April 24th 2025

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this freelist of undervalued small cap companies that insiders are buying.

Insiders At Boralex Have Bought Stock Recently

Over the last three months, we've seen a bit of insider buying at Boralex. Independent Director Ricky Fontaine shelled out CA$29k for shares in that time. It's great to see that insiders are only buying, not selling. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.

Does Boralex Boast High Insider Ownership?

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. Based on our data, Boralex insiders have about 0.1% of the stock, worth approximately CA$4.6m. I generally like to see higher levels of ownership.

So What Do The Boralex Insider Transactions Indicate?

We note a that there has been a bit of insider buying recently (but no selling). The net investment is not enough to encourage us much. However, our analysis of transactions over the last year is heartening. We'd like to see bigger individual holdings. However, we don't see anything to make us think Boralex insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Boralex. For example, Boralex has 4 warning signs (and 2 which shouldn't be ignored) we think you should know about.

Story Continues

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this freelist of interesting companies.

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 of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

View Comments