We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So shareholders might well want to know whether insiders have been buying or selling shares in Gold Standard Ventures Corp (TSE:GSV).

What Is Insider Selling?

It's quite normal to see company insiders, such as board members, trading in company stock, from time to time. However, most countries require that the company discloses such transactions to the market.

We don't think shareholders should simply follow insider transactions. But it is perfectly logical to keep tabs on what insiders are doing. As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise'.

See our latest analysis for Gold Standard Ventures

Gold Standard Ventures Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Co-Founder & Director Jonathan Awde bought CA$82k worth of shares at a price of CA$1.01 per share. That means that an insider was happy to buy shares at around the current price of CA$1.06. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the Gold Standard Ventures insiders decided to buy shares at close to current prices.

While Gold Standard Ventures insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insiders at Gold Standard Ventures Have Bought Stock Recently

Over the last three months, we've seen a bit of insider buying at Gold Standard Ventures. Lead Independent Director Donald McLeod purchased CA$22k worth of shares in that period. It's great to see that insiders are only buying, not selling. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that Gold Standard Ventures insiders own about CA$6.6m worth of shares (which is 2.0% of the company). Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!