Insiders were net buyers of Alliance Aviation Services Limited's (ASX:AQZ ) stock during the past year. That is, insiders bought more stock than they sold.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for Alliance Aviation Services

Alliance Aviation Services Insider Transactions Over The Last Year

The MD, CEO & Executive Director Scott McMillan made the biggest insider purchase in the last 12 months. That single transaction was for AU$250k worth of shares at a price of AU$2.84 each. So it's clear an insider wanted to buy, at around the current price, which is AU$3.15. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Alliance Aviation Services share holders is that an insider was buying at near the current price. Scott McMillan was the only individual insider to buy shares in the last twelve months.

Scott McMillan purchased 110.00k shares over the year. The average price per share was AU$2.87. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Alliance Aviation Services 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 Alliance Aviation Services

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 6.5% of Alliance Aviation Services shares, worth about AU$33m. 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 Does This Data Suggest About Alliance Aviation Services Insiders?

The fact that there have been no Alliance Aviation Services insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in Alliance Aviation Services and their transactions don't cause us concern. While we like knowing 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. At Simply Wall St, we found 1 warning sign for Alliance Aviation Services that deserve your attention before buying any shares.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.