Yahoo Finance Insider Buying: The The City Pub Group plc (LON:CPC) Executive Chairman Just Bought 22% More Shares
Potential The City Pub Group plc (LON:CPC) shareholders may wish to note that the Executive Chairman, Clive Watson, recently bought UK£274k worth of stock, paying UK£0.50 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 22%.
See our latest analysis for City Pub Group
City Pub Group Insider Transactions Over The Last Year
Notably, that recent purchase by Clive Watson is the biggest insider purchase of City Pub Group shares that we've seen in the last year. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£0.79. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
Happily, we note that in the last year insiders paid UK£418k for 751.09k shares. But they sold 30000 shares for UK£57k. In total, City Pub Group insiders bought more than they sold over the last year. They paid about UK£0.56 on average. It is certainly positive to see that insiders have invested their own money in the company. However, we do note that they were buying at significantly lower prices than today's share price. The chart below shows insider transactions (by individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
City Pub Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insider Ownership
For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Based on our data, City Pub Group insiders have about 4.8% of the stock, worth approximately UK£3.9m. We consider this fairly low insider ownership.
So What Does This Data Suggest About City Pub Group Insiders?
The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on City Pub Group stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing City Pub Group. While conducting our analysis, we found that City Pub Group has 5 warning signs and it would be unwise to ignore these.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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, but not derivative transactions.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
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