It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Quantum-Si incorporated's (NASDAQ:QSI) case, it's fantastic 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 Quantum-Si

Quantum-Si Insider Transactions Over The Last Year

In fact, the recent purchase by Charles Kummeth was the biggest purchase of Quantum-Si shares made by an insider individual in the last twelve months, according to our records. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$1.02. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months insiders purchased 355.00k shares for US$377k. But insiders sold 7.53k shares worth US$9.1k. Overall, Quantum-Si insiders were net buyers during the last year. They paid about US$1.06 on average. These transactions suggest that insiders have considered the current price attractive. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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 Quantum-Si Have Bought Stock Recently

Over the last three months, we've seen significantly more insider buying, than insider selling, at Quantum-Si. In fact, four insiders bought US$235k worth of shares. But we did see Chief Commercial Officer Grace Johnston sell shares worth US$9.1k. The buying outweighs the selling, which suggests that insiders may believe the company will do well in the future.

Does Quantum-Si Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Quantum-Si insiders own 28% of the company, worth about US$35m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.