Investors who take an interest in EVT Limited (ASX:EVT) should definitely note that the Non-Executive Chairman, Alan Rydge, recently paid AU$10.73 per share to buy AU$247k worth of the stock. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

View our latest analysis for EVT

The Last 12 Months Of Insider Transactions At EVT

The CEO, MD & Director, Jane Hastings, made the biggest insider sale in the last 12 months. That single transaction was for AU$318k worth of shares at a price of AU$11.78 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of AU$10.14. So it may not shed much light on insider confidence at current levels. Jane Hastings was the only individual insider to sell over the last year.

Happily, we note that in the last year insiders paid AU$383k for 34.77k shares. But insiders sold 27.00k shares worth AU$318k. Overall, EVT insiders were net buyers during the last year. 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!

EVT is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insider Ownership Of EVT

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 6.9% of EVT shares, worth about AU$113m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About EVT Insiders?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. Once you factor in the high insider ownership, it certainly seems like insiders are positive about EVT. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing EVT. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of EVT.

Of course EVT may not be the best stock to buy. So you may wish to see this free collection of high quality 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.

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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.