When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Loncor Gold Inc.'s (TSE:LN) instance, it's good news for shareholders.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Loncor Gold

Loncor Gold Insider Transactions Over The Last Year

The Independent Director Kevin Baker made the biggest insider purchase in the last 12 months. That single transaction was for CA$180k worth of shares at a price of CA$0.30 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$0.42. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

In the last twelve months insiders purchased 769.00k shares for CA$232k. On the other hand they divested 500.00k shares, for CA$150k. In total, Loncor Gold 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. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Have Loncor Gold Insiders Traded Recently?

There was only a small bit of insider buying, worth CA$720, in the last three months. Looking at the net result, we don't think these recent trades shed much light on how insiders, as a group, are feeling about the company's prospects.

Insider Ownership Of Loncor Gold

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Loncor Gold insiders own about CA$14m worth of shares. That equates to 23% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Loncor Gold Insider Transactions Indicate?

We note a that there has been a bit of insider buying recently (but no selling). The net investment is not enough to encourage us much. On a brighter note, the transactions over the last year are encouraging. Insiders do have a stake in Loncor Gold and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Loncor Gold. When we did our research, we found 4 warning signs for Loncor Gold (3 can't be ignored!) that we believe deserve your full attention.