Insider Trades: 5 ASX 200 directors bought these stocks last week
Insiders from Pro Medicus, Jumbo Interactive and Boss Energy were found buying into recent weakness.
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Mentioned
Welcome back to the Insider Trades series – a weekly summary of on-market ASX 200 director transactions valued at more than $10,000. The below trades have all taken place between 29 December 2025 and 8 January 2026. Directors have up to 5 business days to notify the ASX of their trades.
It's been a relatively quiet period for director transactions, with no large cap trades or sells in the new year and all transactions made by non-executive directors.
Top ASX 200 Insider Buys
Code | Company | Date | Director | Price | Value |
|---|---|---|---|---|---|
PME | Pro Medicus | 29/12/25 | $224.00 | $134,400 | |
JIN | Jumbo Interactive | 29/12/25 | $11.27 | $61,990 | |
BOE | Boss Energy | 29/12/25 | $1.38 | $52,440 | |
BOE | Boss Energy | 29/12/25 | $1.37 | $40,058 | |
AZJ | Aurizon Holdings | 31/12/25 | $3.68 | $29,440 | |
IDX | Integral Diagnostics | 31/12/25 | $2.43 | $15,066 |
A closer look
Pro Medicus recorded one purchase by Non-Executive Chairman Peter Kempen, with an additional four transactions on 22-23 December by co-founders Anthony Hall and Dr Sam Hupert. These transactions totaled 9,020 shares worth $1.99 million. All insiders bought around $220-224, compared to the current price of $213.
The stock has fallen 37% since its 17 July record high of $336, part of a broader selloff in richly-valued tech stocks. Peers including Qoria, Catapult Sports, Wisetech and TechnologyOne have all dropped 20-50% over a similar period. The selloff has nearly halved PME's price-to-earnings ratio from around 300x to approximately 193x.
Pro Medicus price chart (Source: TradingView)
Despite the correction, the company's underlying fundamentals remain unchanged. Pro Medicus continues announcing contract wins across the US, including:
$25 million-7 year Visage Open Archive deal with BayCare (1-Dec-25)
$44 million-5 tear contract with Advanced Radiology Management (17-Nov-25)
$29 million contract with three new customers (24-Nov-25)
Jumbo Interactive's Non-Executive Director Michael Malone increased his stake by 73% to 13,000 shares. Malone also serves as a Non-Executive Director at Seven West Media (1.27m shares), Temple & Webster (around 5,600 shares) and Wisetech Global (around 3,000 shares).
In October, the company announced the acquisition of UK-based Dream Car Giveaways, its largest offshore deal and first direct move into the B2C prize draw market. The acquisition drove a 33% re-rate between 14-22 October.
Acquisition cost of $109.9 million, comprised of $75.2 million upfront cash and other equity/earn-out components, valuing DCG at approximately 6.5x adjusted EBITDA
Funded via cash, new share issuance and drawdown of $81.6 million debt facility
Expected to deliver double-digit EPS accretion in the first 12 months
Analysts were broadly bullish on the news, given the low acquisition multiple and double-digit earnings accretion. But between 22 October to 18 November, Jumbo gave back all its gains, falling around 23% to pre-acquisition levels. The stock has since been climbing slowly higher.
Jumbo Interactive price chart (Source: TradingView)
Boss Energy experienced a 24% one-day selloff on 18 December, tumbling to its lowest level since August 2021. The company withdrew its 2021 Enhanced Feasibility Study for its Honeymoon Uranium Project after a review indicated material deviations from the study's assumptions.
"This in turn would be expected to impact life of mine production and cost from FY27 onwards primarily due to less continuity of higher-grade mineralisation, mineralisation not overlapping, less leachability and smaller wellfields," the company said.
Boss reaffirmed its FY26 production and cost guidance, but expects FY27 production to remain similar to FY26 at AISC 15% higher year-on-year. By comparison, Macquarie was expecting production to grow 12.5% to 1.8Mlb in FY26 with AISC falling 5% to US$35.86/lb (October 2024).
The new study remains a significant overhang, with uncertainty around whether it will show improved or worse economics and capex requirements. Despite this, two Boss Non-Executive Directors have made purchases in recent weeks.
