Even if it's not a huge purchase, we think it was good to see that Martin Ferron, the Chairman of the Board of North American Construction Group Ltd. (TSE:NOA) recently shelled out CA$93k to buy stock, at CA$23.32 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

North American Construction Group Insider Transactions Over The Last Year

In fact, the recent purchase by Chairman of the Board Martin Ferron was not their only trade of North American Construction Group shares this year. They previously made a sale of -CA$621k worth of shares at a price of CA$31.03 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of CA$22.90. So it may not tell us anything about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 76.00k shares worth CA$2.0m. On the other hand they divested 51.21k shares, for CA$1.6m. In the last twelve months there was more buying than selling by North American Construction Group insiders. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for North American Construction Group

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

Does North American Construction Group Boast High 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 11% of North American Construction Group shares, worth about CA$71m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The North American Construction Group Insider Transactions Indicate?

Unfortunately, there has been more insider selling of North American Construction Group stock, than buying, in the last three months. But we take heart from prior transactions. And insiders do own shares. So we're not overly bothered by recent selling. 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. To that end, you should learn about the 5 warning signs we've spotted with North American Construction Group (including 1 which is concerning).

Of course North American Construction Group may not be the best stock to buy. So you may wish to see this free collection of high quality 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 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.