Insiders who bought Aquirian Limited (ASX:AQN) in the last 12 months may probably not pay attention to the stock's recent 12% drop. After taking the recent loss into consideration, the AU$260k worth of stock they bought is now worth AU$343k, indicating that their investment yielded a positive return.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Aquirian

The Last 12 Months Of Insider Transactions At Aquirian

The Independent Non-Executive Chairperson Bruce McFadzean made the biggest insider purchase in the last 12 months. That single transaction was for AU$100k worth of shares at a price of AU$0.20 each. We do like to see buying, but this purchase was made at well below the current price of AU$0.28. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months Aquirian insiders were buying shares, but not selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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

Insiders at Aquirian Have Bought Stock Recently

It's good to see that Aquirian insiders have made notable investments in the company's shares. Not only was there no selling that we can see, but they collectively bought AU$121k worth of shares. That shows some optimism about the company's future.

Does Aquirian 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. I reckon it's a good sign if insiders own a significant number of shares in the company. Aquirian insiders own 59% of the company, currently worth about AU$13m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Aquirian Insiders?

The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Aquirian. That's what I like to see! 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. For example, Aquirian has 5 warning signs (and 1 which is potentially serious) we think you should know about.

But note: Aquirian may not be the best stock to buy. So take a peek at this free list 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.

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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.