Yahoo Finance John Lennox Is The Independent Non-Executive Director of Johnson Service Group PLC (LON:JSG) And Just Spent UK£50k On Shares
Even if it's not a huge purchase, we think it was good to see that John Lennox, the Independent Non-Executive Director of Johnson Service Group PLC (LON:JSG) recently shelled out UK£50k to buy stock, at UK£1.56 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.
View our latest analysis for Johnson Service Group
Johnson Service Group Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by CEO & Director Peter Egan for UK£55k worth of shares, at about UK£1.15 per share. We do like to see buying, but this purchase was made at well below the current price of UK£1.53. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
While Johnson Service Group insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Johnson Service 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 of Johnson Service Group
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. From looking at our data, insiders own UK£1.7m worth of Johnson Service Group stock, about 0.2% of the company. We consider this fairly low insider ownership.
What Might The Insider Transactions At Johnson Service Group Tell Us?
Our data shows a little insider buying, but no selling, in the last three months. That said, the purchases were not large. However, our analysis of transactions over the last year is heartening. We'd like to see bigger individual holdings. However, we don't see anything to make us think Johnson Service Group insiders are doubting the company. 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. At Simply Wall St, we found 1 warning sign for Johnson Service Group that deserve your attention before buying any shares.
Of course Johnson Service Group may not be the best stock to buy. So you may wish to see this free collection of high quality 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. 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.
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