Whilst it may not be a huge deal, we thought it was good to see that the Wotso Property (ASX:WOT) Chairman of Blackwall Fund Services Limited, Joseph Glew, recently bought AU$101k worth of stock, for AU$1.45 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

See our latest analysis for Wotso Property

Wotso Property Insider Transactions Over The Last Year

Notably, that recent purchase by Chairman of Blackwall Fund Services Limited Joseph Glew was not the only time they bought Wotso Property shares this year. Earlier in the year, they paid AU$1.32 per share in a AU$1.6m purchase. That means that an insider was happy to buy shares at around the current price of AU$1.43. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Wotso Property share holders is that insiders were buying at near the current price. Notably Joseph Glew was also the biggest seller.

Over the last year, we can see that insiders have bought 4.68m shares worth AU$6.3m. But they sold 2.50k shares for AU$3.4k. Overall, Wotso Property insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! insider-trading-volume

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

Does Wotso Property Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 23% of Wotso Property shares, worth about AU$54m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.



So What Do The Wotso Property Insider Transactions Indicate?

The recent insider purchases are heartening. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Wotso Property insiders are well aligned, and that they may think the share price is too low. 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. Case in point: We've spotted 5 warning signs for Wotso Property you should be aware of, and 2 of them can't be ignored.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this freelist of interesting companies, that have HIGH return on equity 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.

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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.