Over the last year, a good number of insiders have significantly increased their holdings in Clairvest Group Inc. (TSE:CVG). This is encouraging because it indicates that insiders are more optimistic about the company's prospects.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Clairvest Group

The Last 12 Months Of Insider Transactions At Clairvest Group

The Independent Director William Morneau made the biggest insider purchase in the last 12 months. That single transaction was for CA$5.0m worth of shares at a price of CA$74.00 each. That means that an insider was happy to buy shares at above the current price of CA$71.43. 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. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

Happily, we note that in the last year insiders paid CA$14m for 192.28k shares. But insiders sold 1.70k shares worth CA$129k. In the last twelve months there was more buying than selling by Clairvest Group insiders. 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).

Insiders At Clairvest Group Have Bought Stock Recently

Over the last three months, we've seen significantly more insider buying, than insider selling, at Clairvest Group. In fact, five insiders bought CA$4.0m worth of shares. On the other hand, Chief Financial Officer & Partner Daniel Cheng netted CA$129k by selling. We think insiders may be optimistic about the future, since insiders have been net buyers of shares.

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. We usually like to see fairly high levels of insider ownership. It's great to see that Clairvest Group insiders own 55% of the company, worth about CA$579m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.