Investors who take an interest in Lara Exploration Ltd. (CVE:LRA) should definitely note that the Vice President of Corporate Development, Christopher MacIntyre, recently paid CA$1.53 per share to buy CA$366k worth of the stock. That's a very decent purchase to our minds and it grew their holding by a solid 14%.

We've discovered 5 warning signs about Lara Exploration. View them for free.

The Last 12 Months Of Insider Transactions At Lara Exploration

In fact, the recent purchase by Christopher MacIntyre was the biggest purchase of Lara Exploration shares made by an insider individual in the last twelve months, according to our records. Even though the purchase was made at a significantly lower price than the recent price (CA$1.83), we still think insider buying is a positive. 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.

In the last twelve months Lara Exploration insiders were buying shares, but not selling. Their average price was about CA$1.33. To my mind it is good that insiders have invested their own money in the company. But we must note that the investments were made at well below today's 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!

Check out our latest analysis for Lara Exploration

TSXV:LRA Insider Trading Volume April 18th 2025

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Lara Exploration insiders own about CA$17m worth of shares. That equates to 18% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Lara Exploration Tell Us?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Given that insiders also own a fair bit of Lara Exploration we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Lara Exploration. When we did our research, we found 5 warning signs for Lara Exploration (3 shouldn't be ignored!) that we believe deserve your full attention.

But note: Lara Exploration may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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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