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An insider from Estia Health Limited (ASX:EHE) increased its stake by 36% in the past year

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see insider trading for Astia Health Limited (ASX: EHE ) Over the past year, we see that insiders have been net buyers. This means that more shares were bought by insiders relative to the shares sold.

Insider trading isn’t the most important thing when it comes to long-term investing, but we think it makes perfect sense to keep an eye on what insiders are doing.

Check out our latest analysis for Astia Health

Last 12 months of insider trading at Astia Health

In fact, according to our data, Sean Bilton’s recent purchase was the largest purchase of Astia Health stock by an insider in the past 12 months. So it is clear that an insider wanted to buy even at a higher price than the current share price (being AU$2.09). It is quite possible that they will regret the purchase, but more likely they are enthusiastic about the company. The price that an insider pays for the shares is very important to us. We generally feel more positive about a stock when an insider has bought stock above the current price, as it suggests they consider the stock to be a good value. Even at high cost. The only individual insider to buy in the past year was Sean Bilton.

You can see insider trading (by companies and individuals) over the past year in the chart below. If you click on the chart you can see all the individual trades, including stock price, individual and date!

insider trading volume

Astia Health isn’t the only stock insiders buy. for those who like to explore winning investment This one free The list of companies growing with recent insider buys might be just what you’re looking for.

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Insider property of Astia Health

If you look at insiders’ total shareholdings in a company, you can see if they are well aligned with common stockholders. A high degree of insider ownership often makes a company’s management more aware of the interests of shareholders. From our data, it appears that Astia Health insiders own 2.7% of the company, which is worth approximately AU$15 million. While better than nothing, we’re not overly enamored with these companies.

So what does this data suggest to Astia Health Insiders?

Good to see the recent insider buying. We also rely on the long-term picture of insider trading. However, we note that the company has not made a profit in the last 12 months, which makes us cautious. Since insiders also own a significant portion of Astia Health, we think they’re probably pretty sure of a bright future. That’s why you should definitely check it out free Analyst Forecast Report for Astia Health.

But watch out: Astia Health may not be the best stock to buyso take a look free List of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are persons who report their transactions to the relevant supervisory authority. We currently account for open market transactions and private placements, but not derivatives transactions.

Do you have feedback on this article? Concerned about the content? stay in touch directly with us. You can also send an email to the editorial team(at)simplywallst.com.

This Simply Wall St article is general in nature. We only comment based on historical data and analyst forecasts using an unbiased methodology and our articles are not intended to provide financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or your financial situation. We strive to provide you with long-term focused analytics driven by fundamental data. Please note that our analysis may not take into account the latest price sensitive company announcements or quality material. Simply Wall Street has no position in any of the listed stocks.

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