When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in AG Mortgage Investment Trust, Inc.'s (NYSE:MITT) instance, it's good news for shareholders.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for AG Mortgage Investment Trust

AG Mortgage Investment Trust Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by President Thomas Durkin for US$306k worth of shares, at about US$6.12 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$7.79. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

While AG Mortgage Investment Trust insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

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).

Does AG Mortgage Investment Trust 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. We usually like to see fairly high levels of insider ownership. From our data, it seems that AG Mortgage Investment Trust insiders own 3.2% of the company, worth about US$7.5m. We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At AG Mortgage Investment Trust Tell Us?

The fact that there have been no AG Mortgage Investment Trust insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. We'd like to see bigger individual holdings. However, we don't see anything to make us think AG Mortgage Investment Trust insiders are doubting the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To that end, you should learn about the 5 warning signs we've spotted with AG Mortgage Investment Trust (including 2 which can't be ignored).

But note: AG Mortgage Investment Trust may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.

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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.