Yahoo Finance How Many Domino's Pizza Group plc (LON:DOM) Shares Did Insiders Buy, In The Last Year?
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. So before you buy or sell Domino's Pizza Group plc (LON:DOM), you may well want to know whether insiders have been buying or selling.
What Is Insider Buying?
Most investors know that it is quite permissible for company leaders, such as directors of the board, to buy and sell stock in the company. However, such insiders must disclose their trading activities, and not trade on inside information.
We don't think shareholders should simply follow insider transactions. But logic dictates you should pay some attention to whether insiders are buying or selling shares. As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise'.
View our latest analysis for Domino's Pizza Group
Domino's Pizza Group Insider Transactions Over The Last Year
The CEO & Director Dominic Paul made the biggest insider purchase in the last 12 months. That single transaction was for UK£201k worth of shares at a price of UK£3.14 each. That implies that an insider found the current price of UK£3.35 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the Domino's Pizza Group insiders decided to buy shares at close to current prices.
Domino's Pizza Group insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Domino's Pizza Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Does Domino's Pizza Group Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that Domino's Pizza Group insiders own 0.3% of the company, worth about UK£4.6m. Whilst better than nothing, we're not overly impressed by these holdings.
So What Does This Data Suggest About Domino's Pizza Group Insiders?
The fact that there have been no Domino's Pizza Group insider transactions recently certainly doesn't bother us. 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 Domino's Pizza Group insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Domino's Pizza Group. Every company has risks, and we've spotted 1 warning sign for Domino's Pizza Group you should know about.
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.
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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