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George Bauer Buys 16% More AerSale Shares

ジョージ・バウアーがアエロセールの株式を16%増やす

Simply Wall St ·  03/14 10:40

Those following along with AerSale Corporation (NASDAQ:ASLE) will no doubt be intrigued by the recent purchase of shares by insider George Bauer, who spent a stonking US$6.3m on stock at an average price of US$11.54. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 16%.

The Last 12 Months Of Insider Transactions At AerSale

Notably, that recent purchase by George Bauer is the biggest insider purchase of AerSale shares that we've seen in the last year. That means that even when the share price was higher than US$6.84 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Notably George Bauer was also the biggest seller.

In the last twelve months insiders purchased 787.08k shares for US$9.0m. On the other hand they divested 20.00k shares, for US$301k. In the last twelve months there was more buying than selling by AerSale insiders. Their average price was about US$11.42. I'd consider this a positive as it suggests insiders see value at around the current price. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volume
NasdaqCM:ASLE Insider Trading Volume March 14th 2024

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.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 20% of AerSale shares, worth about US$75m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At AerSale Tell Us?

The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Insiders likely see value in AerSale shares, given these transactions (along with notable insider ownership of the company). Therefore, you should definitely take a look at this FREE report showing analyst forecasts for AerSale.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.

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