Potential North American Construction Group Ltd. (TSE:NOA) shareholders may wish to note that the Independent Chairman of the Board, Martin Ferron, recently bought CA$444k worth of stock, paying CA$22.19 for each share. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.

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North American Construction Group Insider Transactions Over The Last Year

In fact, the recent purchase by Independent Chairman of the Board Martin Ferron was not their only trade of North American Construction Group shares this year. Earlier in the year, they sold shares at a price ofCA$30.75 per share in a -CA$610k transaction. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (CA$19.87). So it is hard to draw any strong conclusion from it.

Happily, we note that in the last year insiders paid CA$3.1m for 127.65k shares. But insiders sold 31.21k shares worth CA$961k. In total, North American Construction Group insiders bought more than they sold over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

See our latest analysis for North American Construction Group

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does North American Construction Group 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 11% of North American Construction Group shares, worth about CA$62m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At North American Construction Group Tell Us?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. Given that insiders also own a fair bit of North American Construction Group we think they are probably pretty confident of a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Be aware that North American Construction Group is showing 4 warning signs in our investment analysis , and 1 of those can't be ignored...

But note: North American Construction Group 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.