Yahoo Finance Positive Signs As Multiple Insiders Buy H&T Group Stock
It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in H&T Group plc's (LON:HAT) case, it's fantastic news for shareholders.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
View our latest analysis for H&T Group
The Last 12 Months Of Insider Transactions At H&T Group
Over the last year, we can see that the biggest insider purchase was by CEO & Executive Director Christopher Gillespie for UK£107k worth of shares, at about UK£4.28 per share. So it's clear an insider wanted to buy, at around the current price, which is UK£4.71. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the H&T Group insiders decided to buy shares at close to current prices.
H&T 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. By clicking on the graph below, you can see the precise details of each insider transaction!
H&T Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. From what we can see in our data, insiders own only about UK£647k worth of H&T Group shares. This level of insider ownership is notably low, and not very encouraging.
So What Does This Data Suggest About H&T Group Insiders?
It doesn't really mean much that no insider has traded H&T Group shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. We'd like to see bigger individual holdings. However, we don't see anything to make us think H&T Group insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing H&T Group. At Simply Wall St, we found 1 warning sign for H&T Group that deserve your attention before buying any shares.
Of course H&T 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 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.
