Yahoo Finance This Hill & Smith Insider Increased Their Holding By 162% Last Year
Viewing insider transactions for Hill & Smith PLC's (LON:HILS ) 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 do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for Hill & Smith
Hill & Smith Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by Executive Chairman Alan Clifford Giddins for UK£633k worth of shares, at about UK£14.49 per share. Even though the purchase was made at a significantly lower price than the recent price (UK£19.30), 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.
Alan Clifford Giddins bought 65.90k shares over the last 12 months at an average price of UK£15.28. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Hill & Smith is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Does Hill & Smith Boast High Insider Ownership?
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. From looking at our data, insiders own UK£2.2m worth of Hill & Smith stock, about 0.1% of the company. We consider this fairly low insider ownership.
What Might The Insider Transactions At Hill & Smith Tell Us?
It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Hill & Smith insiders are expecting a bright future. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. While conducting our analysis, we found that Hill & Smith has 1 warning sign and it would be unwise to ignore it.
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 of direct interests only, but not derivative transactions or indirect interests.
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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.
