Insiders who bought agilon health, inc. (NYSE:AGL) in the last 12 months may probably not pay attention to the stock's recent 16% drop. Reason being, despite the recent loss, insiders original purchase value of US$50.9k is now worth US$67.4k.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

agilon health Insider Transactions Over The Last Year

The Independent Director John Wulf made the biggest insider purchase in the last 12 months. That single transaction was for US$51k worth of shares at a price of US$0.63 each. We do like to see buying, but this purchase was made at well below the current price of US$0.83. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

agilon health 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 agilon health Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 1.6% of agilon health shares, worth about US$5.5m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Do The agilon health Insider Transactions Indicate?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on agilon health stock. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that agilon health has 2 warning signs and it would be unwise to ignore them.

Of course agilon health may not be the best stock to buy. So you may wish 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 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.