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Beach Energy Limited (ASX:BPT) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 3.1% resulting in a AU$114m addition to the companyâs market value. Put another way, the original AU$326k acquisition is now worth AU$459k.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Beach En...
>>> Read more: As Beach Energy Limited (ASX:BPT) gains 3.1%, insiders who bought last year may be wishing they had bet higher
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Beach En...
>>> Read more: As Beach Energy Limited (ASX:BPT) gains 3.1%, insiders who bought last year may be wishing they had bet higher