Despite Recent Gains, Forte Energy Insiders Are Still Down AU$64k

Simply Wall St · 1d ago

Some of the losses seen by insiders who purchased AU$389.4k worth of Forte Energy Limited (ASX:FEL) shares over the past year were recovered after the stock increased by 20% over the past week. However, the purchase is proving to be an expensive wager as insiders are yet to get ahead of their losses which currently stand at AU$64k since the time of purchase.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

The Last 12 Months Of Insider Transactions At Forte Energy

Over the last year, we can see that the biggest insider purchase was by insider Martin Rowney for AU$180k worth of shares, at about AU$0.0072 per share. That means that even when the share price was higher than AU$0.006 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. We note that Martin Rowney was both the biggest buyer and the biggest seller.

Happily, we note that in the last year insiders paid AU$389k for 54.20m shares. But insiders sold 11.20m shares worth AU$118k. Overall, Forte 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!

See our latest analysis for Forte Energy

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ASX:FEL Insider Trading Volume October 14th 2026

Forte Energy 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 Forte Energy Boast High Insider Ownership?

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. Forte Energy insiders own about AU$2.5m worth of shares (which is 48% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Forte Energy Insider Transactions Indicate?

The fact that there have been no Forte Energy insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. It would be great to see more insider buying, but overall it seems like Forte Energy insiders are reasonably well aligned (owning significant chunk of the company's shares) and optimistic for the future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example, Forte Energy has 5 warning signs (and 4 which are concerning) we think you should know about.

Of course Forte Energy 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.