Insiders who purchased iHeartMedia, Inc. (NASDAQ:IHRT) shares in the past 12 months are unlikely to be deeply impacted by the stock's 10% decline over the past week. After accounting for the recent loss, the US$411.1k worth of shares they purchased is now worth US$588.3k, suggesting a good return on their investment.

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.

The Last 12 Months Of Insider Transactions At iHeartMedia

In the last twelve months, the biggest single purchase by an insider was when Chairman & CEO Robert Pittman bought US$257k worth of shares at a price of US$2.19 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$3.54. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Robert Pittman bought 166.19k shares over the last 12 months at an average price of US$2.47. 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!

iHeartMedia is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of iHeartMedia

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. It appears that iHeartMedia insiders own 6.4% of the company, worth about US$36m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About iHeartMedia Insiders?

It doesn't really mean much that no insider has traded iHeartMedia shares in the last quarter. However, our analysis of transactions over the last year is heartening. Overall we don't see anything to make us think iHeartMedia insiders are doubting the company, and they do own shares. 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 iHeartMedia is showing 3 warning signs in our investment analysis, and 2 of those are potentially serious...

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.

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.