Insiders who bought WEC Energy Group, Inc. (NYSE:WEC) stock lover the last 12 months are probably not as affected by last week's 4.7% loss. Reason being, despite the recent loss, insiders original purchase value of US$537k is now worth US$606k.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for WEC Energy Group

WEC Energy Group Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Director Thomas Lane for US$537k worth of shares, at about US$89.47 per share. Even though the purchase was made at a significantly lower price than the recent price (US$101), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

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!

WEC Energy Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership Of WEC Energy Group

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 0.2% of WEC Energy Group shares, worth about US$56m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The WEC Energy Group Insider Transactions Indicate?

It doesn't really mean much that no insider has traded WEC Energy Group shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in WEC Energy Group and we see no evidence to suggest they are worried about the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing WEC Energy Group. To that end, you should learn about the 2 warning signs we've spotted with WEC Energy Group (including 1 which is potentially serious).

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

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, but not derivative transactions.

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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.