Insiders who bought Baijiayun Group Ltd. (NASDAQ:RTC) shares over the past 12 months may not be much affected by last week’s 12% decline. Taking into account the recent loss, the $1.00 million worth of shares they purchased are now worth $1.45 million, suggesting that their investment has produced a positive return.

Although insider transactions are not the most important thing in long-term investing, logic dictates that you should pay attention to whether insiders are buying or selling stocks.

Check out our latest analysis for Baijiayun Group

The last 12 months of insider transactions at Baijiayun Group

Over the last year, we could see that the largest insider purchase was by insider Gangjiang Li, who bought $505,000 worth of shares at a price of about $4.31 per share. While we like to see insider buying, we note that this large purchase was well below the recent price of $7.37. Since the shares were purchased at a lower price, this particular purchase doesn’t tell us much about how insiders feel about the current share price.

Gangjiang Li purchased a total of 197,000 shares during the year at an average price of $5.08. 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 share price, individual, and date!

Baijiayun Group is not the only stock that insiders are buying. For those who like to find Small-cap companies at attractive valuations, The free A list of growing companies with recent insider purchases might be just the thing.

Insider ownership

I like to look at how many shares insiders own in a company to get an idea of ​​how well they work with insiders. I think it’s a good sign when insiders own a significant number of shares in the company. Insiders own 37% of Baijiayun Group’s shares, which is worth about US$61 million. This level of insider ownership is good, but not particularly remarkable. It certainly suggests a reasonable level of cooperation.

So what does this data say about Baijiayun Group insiders?

The recent insider purchase is encouraging. We also draw confidence from the longer-term picture of insider transactions. On the other hand, the company has been losing money over the past year, which makes us a little cautious. Combined with notable insider ownership, these factors suggest that Baijiayun Group insiders are well aligned and believe the share price is too low. While it’s good to know about insider ownership and transactions, we make sure to also consider the risks associated with a stock before making an investment decision. At Simply Wall St, we’ve found that Baijiayun Group 3 warning signs (2 are potentially serious!) that deserve your attention before proceeding with your analysis.

Naturally Baijiayun Group may not be the best stock to buy. You may want 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 regulator. Currently, we only consider open market transactions and private disposals of direct holdings, but not derivative transactions or indirect holdings.

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This Simply Wall St article is of a general nature. We comment solely on the basis of historical data and analyst forecasts, using an unbiased methodology. Our articles do not constitute financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to provide you with long-term analysis based on fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St does not hold any of the stocks mentioned.