https://**.st/stocks/au/materials/asx-yar/yari-minerals-shares/news/several-insiders-invested-in-yari-minerals-flagging-positiveAustralia/Metals and Mining/ASX:YAR

Several Insiders Invested In Yari Minerals Flagging Positive News

Simply Wall St

Published August 28, 2023

It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Yari Minerals Limited's (ASX:YAR) case, it's fantastic news for shareholders.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Yari Minerals

Yari Minerals Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by insider Stephen Copulos for AU$400k worth of shares, at about AU$0.022 per share. That means that even when the share price was higher than AU$0.021 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

Happily, we note that in the last year insiders paid AU$418k for 18.98m shares. But they sold 1.00m shares for AU$22k. In the last twelve months there was more buying than selling by Yari Minerals insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!