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One Incitec Pivot Limited (ASX:IPL) insider upped their stake in the previous year

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Viewing insider transactions for Incitec Pivot Limited's (ASX:IPL ) 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.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

Check out our latest analysis for Incitec Pivot

The Last 12 Months Of Insider Transactions At Incitec Pivot

Over the last year, we can see that the biggest insider purchase was by Independent Non-Executive Director George Biltz for AU$260k worth of shares, at about AU$2.60 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of AU$3.09. 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.

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

Incitec Pivot 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 Incitec Pivot

Many investors like to check how much of a company is owned by 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. Our data suggests Incitec Pivot insiders own 0.08% of the company, worth about AU$4.7m. We consider this fairly low insider ownership.

So What Does This Data Suggest About Incitec Pivot Insiders?

It doesn't really mean much that no insider has traded Incitec Pivot shares in the last quarter. However, our analysis of transactions over the last year is heartening. The transactions are fine but it'd be more encouraging if Incitec Pivot insiders bought more shares in the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Incitec Pivot. Every company has risks, and we've spotted 2 warning signs for Incitec Pivot 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. 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.

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