Despite Recent Gains, Athena Resources Insiders Are Still Down AU$315k

Simply Wall St.2023-11-24

Insiders who bought AU$671.7k worth of Athena Resources Limited (ASX:AHN) stock in the last year recovered part of their losses as the stock rose by 33% last week. However, total losses seen by ...

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However, total losses seen by ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/materials/asx-ahn/athena-resources-shares/news/despite-recent-gains-athena-resources-insiders-are-still-dow\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://simplywall.st/stocks/au/materials/asx-ahn/athena-resources-shares/news/despite-recent-gains-athena-resources-insiders-are-still-dow","article_id":"2385608715","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/2052000-choice1-main-header/1585186836557"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2385608715","pubTimestamp":1700788343,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Insiders who bought AU$671.7k worth of Athena Resources Limited ( ASX:AHN ) stock in the last year recovered part of...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","AHN.AU":"ATHENA RESOURCES LTD"},"translate_title":"尽管最近有所上涨，雅典娜资源内部人士仍下跌31.5万澳元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AHN.AU":1},"content_text":"Insiders who bought AU$671.7k worth of Athena Resources Limited (ASX:AHN) stock in the last year recovered part of their losses as the stock rose by 33% last week.  However, total losses seen by insiders are still AU$315k since the time of purchase.     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.   View our latest analysis for Athena Resources  The Last 12 Months Of Insider Transactions At Athena Resources   The insider Peter Nelson made the biggest insider purchase in the last 12 months. That single transaction was for AU$524k worth of shares at a price of AU$0.0082 each.    So it's clear an insider wanted to buy, even at a higher price than the current share price (being AU$0.004).  Their view may have changed since then, but at least it shows they felt optimistic at the time.  To us, it's very important to consider the price insiders pay for shares.   As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.     Notably Peter Nelson was also the biggest seller.      Happily, we note that in the last year insiders paid AU$672k for 89.20m shares.  But they sold 66.36m shares for AU$211k.     In total, Athena Resources insiders bought more than they sold over the last year.    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! ASX:AHN Insider Trading Volume November 24th 2023 Athena Resources is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.   Insiders At Athena Resources Have Sold Stock Recently   There was substantially more insider selling, than buying, of Athena Resources shares over the last three months.  In that time,   insider  Peter Nelson  dumped AU$211k worth of shares.  On the other hand we note   Non-Executive Director  Terence Weston  bought AU$10.0k worth of shares.   Since the selling really does outweigh the buying, we'd say that these transactions may suggest that some insiders feel the company has been fully valued in recent months.      Insider Ownership  Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders.  A high insider ownership often makes company leadership more mindful of shareholder interests.   It appears that Athena Resources insiders own 26% of the company, worth about AU$1.1m.  This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.   What Might The Insider Transactions At Athena Resources Tell Us?  Unfortunately, there has been more insider selling of Athena Resources stock, than buying, in the last three months.    In contrast, they appear keener if you look at the last twelve months.   And insiders do own shares.  So we're not overly bothered by recent selling.      In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Athena Resources.    To help with this, we've discovered 7 warning signs (5 can't be ignored!) that you ought to be aware of before buying any shares in Athena Resources.   If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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 of direct interests only, but not derivative transactions or indirect interests.Valuation is complex, but we're helping make it simple.Find out whether Athena Resources is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.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.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2385608715"}