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

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.

Check out our latest analysis for Aldebaran Resources

Aldebaran Resources Insider Transactions Over The Last Year

The CEO & Director John Black made the biggest insider purchase in the last 12 months. That single transaction was for CA$132k worth of shares at a price of CA$0.88 each. That implies that an insider found the current price of CA$0.94 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the Aldebaran Resources insiders decided to buy shares at close to current prices.

While Aldebaran Resources 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. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Aldebaran Resources is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insiders At Aldebaran Resources Have Bought Stock Recently

We saw some Aldebaran Resources insider buying shares in the last three months. Insiders shelled out CA$18k for shares in that time. We like it when there are only buyers, and no sellers. But in this case the amount purchased means the recent transaction may not be very meaningful on its own.

Insider Ownership Of Aldebaran Resources

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 5.3% of Aldebaran Resources shares, worth about CA$8.2m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Does This Data Suggest About Aldebaran Resources Insiders?

Our data shows a little insider buying, but no selling, in the last three months. The net investment is not enough to encourage us much. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if Aldebaran Resources insiders bought more shares in the company. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we've found that Aldebaran Resources has 4 warning signs (3 are significant!) that deserve your attention before going any further with your analysis.