HighPeak Energy, Inc. (NASDAQ:HPK) shareholders (or potential shareholders) will be happy to see that the Chairman & CEO, Jack Hightower, recently bought a whopping US$2.2m worth of stock, at a price of US$14.38. While that only increased their holding size by 3.4%, it is still a big swing by our standards.

Check out our latest analysis for HighPeak Energy

HighPeak Energy Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when insider John DeJoria bought US$69m worth of shares at a price of US$10.50 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$14.75. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

Over the last year, we can see that insiders have bought 10.60m shares worth US$116m. On the other hand they divested 3.62k shares, for US$52k. Overall, HighPeak Energy insiders were net buyers during the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

HighPeak Energy is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of HighPeak Energy

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. HighPeak Energy insiders own 16% of the company, currently worth about US$312m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At HighPeak Energy Tell Us?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest HighPeak Energy insiders are well aligned, and quite possibly think the share price is too low. That's what I like to see! 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. For example, HighPeak Energy has 4 warning signs (and 1 which doesn't sit too well with us) we think you should know about.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.