Insiders Who Purchased US$2.88m Of Golden Matrix Group Stock May Not Have Expected 13% Tumble

Insiders who bought US$2.88m worth of Golden Matrix Group, Inc.'s (NASDAQ:GMGI) stock at an average buy price of US$1.85 over the last year may be disappointed by the recent 13% decrease in the stock. Insiders buy with the expectation to see their investments rise in value over a period of time. However, recent losses have rendered their above investment worth US$1.10m which is not ideal. 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. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Golden Matrix Group Insider Transactions Over The Last Year In the last twelve months, the biggest single purchase by an insider was when insider Aleksandar Milovanovic bought US$555k worth of shares at a price of US$1.85 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$0.70). It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. 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. Over the last year, we can see that insiders have bought 1.56m shares worth US$2.9m. But insiders sold 689.00k shares worth US$944k. Overall, Golden Matrix Group insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction! Check out our latest analysis for Golden Matrix Group NasdaqCM:GMGI Insider Trading Volume January 7th 2026 There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them). Golden Matrix Group Insiders Are Selling The Stock We've seen more insider selling than insider buying at Golden Matrix Group recently. In total, insider Anthony Goodman sold US$121k worth of shares in that time. On the flip side, Chief Financial Officer Richard Christensen spent US$53k on purchasing shares. The share price has moved a bit recently, but it's hard to argue that the selling is a positive. Insider Ownership Of Golden Matrix Group Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Golden Matrix Group insiders own 90% of the company, currently worth about US$93m 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. So What Do The Golden Matrix Group Insider Transactions Indicate? Unfortunately, there has been more insider selling of Golden Matrix Group stock, than buying, in the last three months. In contrast, they appear keener if you look at the last twelve months. We are also comforted by the high levels of insider ownership. So we're not too bothered by recent selling. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Golden Matrix Group. Every company has risks, and we've spotted 1 warning sign for Golden Matrix Group you should know about. But note: Golden Matrix Group 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.