Insiders of Integrated Payment Technologies Limited (ASX: IP1) need additional AU $ 295,000 to break even on AU $ 1.2 million stock purchase, even after recent gains

Insiders who bought A $ 1.2 million worth of Integrated Payment Technologies Limited (ASX: IP1) over the past year has recouped some of its losses as the stock rose 15% last week. However, the purchase turns out to be an expensive gamble, as insiders have yet to anticipate their losses which currently stand at AU $ 295,000 from the time of purchase.

While we never suggest that investors should base their decisions solely on what the directors of a company have done, logic dictates that you pay attention to whether insiders are buying or selling stocks.

Check out our latest analysis for integrated payment technologies

Integrated payment technologies Insider trading in the past year

Insider Donald Sharp made the largest insider buy in the past 12 months. This single transaction involved A $ 1.1 million in shares priced at A $ 0.031 each. So it’s clear that an insider wanted to buy, even at a price higher than the current share price (i.e. AU $ 0.023). While their opinion may have changed since the purchase, it at least suggests that they have confidence in the future of the business. In our opinion, the price that an insider pays for the shares is very important. Typically, we are more bullish on a stock if insiders bought stocks at prices higher than current prices, as this suggests that they viewed the stock as good value, even at a low price. higher.

Insiders of Integrated Payment Technologies may have bought shares in the past year, but they haven’t sold any. You can see insider trading (by companies and individuals) over the past year shown in the graph below. If you want to know exactly who sold, for how much and when, just click on the graph below!

ASX: IP1 Insider trading volume October 20, 2021

There are many other companies that have insiders who buy stocks. You probably do not want to miss it free list of growing companies that insiders buy.

Insiders of Integrated Payment Technologies recently bought shares

Over the past three months, we’ve seen quite a bit of insider buying at Integrated Payment Technologies. The non-executive chair of the board, Emma Dobson, disbursed AU $ 23,000 for shares during this period. It’s good to see the insider buy, as well as the lack of recent sellers. But in this case, the amount bought means that the recent transaction may not be very significant on its own.

Insider ownership of embedded payment technologies

Another way to test the alignment between a company’s executives and other shareholders is to look at how many shares they own. We generally like to see fairly high levels of insider ownership. Insiders own 9.3% of the shares of Integrated Payment Technologies, worth around AU $ 2.6 million, according to our data. However, it is possible that insiders will have an indirect interest through a more complex structure. We generally prefer to see higher levels of insider ownership.

What might insider trading at Integrated Payment Technologies tell us?

Insider buying may have been minimal over the past three months, but there have been no sales. All in all, the purchase is not worth writing home. However, our analysis of transactions over the past year is encouraging. While we don’t care about insider trading, we would be more comfortable if they owned more shares of Integrated Payment Technologies. So these insider trading can help us build a stock thesis, but it’s also worth knowing the risks this business faces. Example: we have spotted 5 warning signs for integrated payment technologies you should be aware, and 3 of them don’t suit us very well.

Sure, you might find a fantastic investment looking elsewhere. So take a look at this free list of interesting companies.

For the purposes of this article, insiders are the persons who report their transactions to the relevant regulatory body. We currently account for open market transactions and private assignments, but not derivative transactions.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative material. Simply Wall St has no position in the mentioned stocks.

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About Matthew R. Dailey

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