RE: Space X valued at $150bn4 Aug 2023 17:32
Tern Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when insider Jonathan Swann bought UK£73k worth of shares at a price of UK£0.12 per share. That means that even when the share price was higher than UK£0.04 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for 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.