Potential ClearView Wealth Limited (ASX:CVW) shareholders may wish to note that the MD, CEO & Executive Director, Nadine Gooderick, recently bought AU$180k worth of stock, paying AU$0.45 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 253%, potentially signalling some real optimism.

View our latest analysis for ClearView Wealth

ClearView Wealth Insider Transactions Over The Last Year

Notably, that recent purchase by Nadine Gooderick is the biggest insider purchase of ClearView Wealth shares that we've seen in the last year. That implies that an insider found the current price of AU$0.48 per share to be enticing. 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. The good news for ClearView Wealth share holders is that insiders were buying at near the current price.

In the last twelve months ClearView Wealth insiders were buying shares, but not selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

ClearView Wealth is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Does ClearView Wealth Boast High 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. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 4.2% of ClearView Wealth shares, worth about AU$13m, according to our data. We do generally prefer see higher levels of insider ownership.

So What Do The ClearView Wealth Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. Given that insiders also own a fair bit of ClearView Wealth we think they are probably pretty confident of a bright future. 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. While conducting our analysis, we found that ClearView Wealth has 1 warning sign and it would be unwise to ignore this.

But note: ClearView Wealth may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.