UK markets close in 5 hours 58 minutes
  • FTSE 100

    7,198.89
    -24.21 (-0.34%)
     
  • FTSE 250

    22,982.82
    +16.15 (+0.07%)
     
  • AIM

    1,237.99
    -0.10 (-0.01%)
     
  • GBP/EUR

    1.1846
    -0.0017 (-0.14%)
     
  • GBP/USD

    1.3793
    -0.0032 (-0.23%)
     
  • BTC-GBP

    48,138.85
    +1,517.18 (+3.25%)
     
  • CMC Crypto 200

    1,562.74
    +81.94 (+5.53%)
     
  • S&P 500

    4,536.19
    +16.56 (+0.37%)
     
  • DOW

    35,609.34
    +152.03 (+0.43%)
     
  • CRUDE OIL

    82.76
    -0.66 (-0.79%)
     
  • GOLD FUTURES

    1,786.80
    +1.90 (+0.11%)
     
  • NIKKEI 225

    28,708.58
    -546.97 (-1.87%)
     
  • HANG SENG

    26,017.53
    -118.49 (-0.45%)
     
  • DAX

    15,499.67
    -23.25 (-0.15%)
     
  • CAC 40

    6,676.26
    -29.35 (-0.44%)
     

A Bellway p.l.c. (LON:BWY) insider increased their holdings by 24% last year

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Viewing insider transactions for Bellway p.l.c.'s (LON:BWY ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Bellway

Bellway Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Non-Executive Chairman Paul Nigel Smith for UK£90k worth of shares, at about UK£23.13 per share. Even though the purchase was made at a significantly lower price than the recent price (UK£34.35), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Paul Nigel Smith purchased 3.91k shares over the year. The average price per share was UK£23.12. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
insider-trading-volume

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

Does Bellway Boast High 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. Our data indicates that Bellway insiders own about UK£4.3m worth of shares (which is 0.1% of the company). We do generally prefer see higher levels of insider ownership.

What Might The Insider Transactions At Bellway Tell Us?

There haven't been any insider transactions in the last three months -- that doesn't mean much. But insiders have shown more of an appetite for the stock, over the last year. We'd like to see bigger individual holdings. However, we don't see anything to make us think Bellway insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bellway. In terms of investment risks, we've identified 3 warning signs with Bellway and understanding these should be part of your investment process.

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, but not derivative transactions.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting