Insiders who bought Hummingbird Resources PLC (LON:HUM) earlier this year may be tempted to invest more as the stock has surged 10%.

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Insiders who bought Hummingbird Resources PLC (LON:HUM) earlier this year may be tempted to invest more as the stock has surged 10%.


Hummingbird Resource PLC (LON:HUM) Insiders who have bought shares in the last 12 months got rich rewards last week. The share price he rose by 10% and as a result the market value of the company he increased by £2.6 million. As a result, his $156,000 worth of stock originally purchased is now worth $163,000.

I don’t think shareholders should simply follow insider trading, but logically they should pay attention to whether insiders are buying or selling shares.

Check out our latest analysis on Hummingbird resources

Hummingbird Resources insider trading in the past year

We can see that the largest insider purchase last year was £59,000 worth of shares by independent non-executive director Stephen Betts, at around £0.059 per share. We’d love to see insider buys, but note that this massive buy is well below the recent price of £0.069. I’m not too sure if you’ll find today’s prices attractive.

Over the past 12 months, Hummingbird Resources insiders have been buying, but not selling, shares. They paid an average of about 0.065 GBP. They bought at a price below their recent stock price, but it’s good that insiders are willing to invest in the company. Below is a visual depiction of insider trading (by companies and individuals) over the last 12 months. Clicking on the chart will show you all individual deals, such as stock, individual, and date.

insider trading volume
AIM:HUM Insider Trading Volume December 31, 2022

Hummingbird Resources isn’t the only stock that insiders are buying.For those who like to search investment win this freedom A list of growing companies that recently made insider acquisitions could be just the ticket.

Hummingbird Resource Insider Recently Purchased Stock

Over the past three months, Hummingbird Resources has seen significant insider purchases. In total, the insider said, he bought shares worth £126,000, but no sales were recorded. This shows optimism about the company’s future.

Insider Ownership

For public shareholders, it is worth checking the number of shares held by internal parties. If an insider owns a sizeable amount of stock in a company, I think that’s a good sign. Looking at our data, insiders say he owns Hummingbird’s Resource stake worth £592,000, which is around 2.2% of the company. But they may have an indirect interest through a corporate structure that we haven’t found.

So what does this data tell us about the Hummingbird Resource Insider?

Recent insider purchases are reassuring. We are also convinced by the long-term landscape of insider trading. On the other hand, however, the company has been losing money in the last year and is a little more cautious. The slight downside we see in this analysis is that (overall) insider ownership is fairly low. Their trade suggests they are very positive on Hummingbird Resources stock. So while it’s useful to know what insiders are doing with regards to buying and selling, it’s also useful to know the risks facing a particular company.you’ll want to know what we found Hummingbird Resources 3 Warning Signs We recommend that you take a look.

of course, You can find great investments by looking elsewhere. Let’s take a look at this freedom A list of interesting companies.

For the purposes of this article, an insider is an individual who reports a transaction to the relevant regulatory body. Currently, we consider open market transactions and private disposals, but not derivative transactions.

Valuation is complicated, but we’re here to help make it simple.

find out if Hummingbird Resources You may be overestimated or underestimated by checking out our comprehensive analysis including: Fair value estimates, risks and warnings, dividends, insider trading and financial health.

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This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Is not …

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