Yahoo Finance Quite a few insiders invested in Crest Nicholson Holdings plc (LON:CRST) last year which is positive news for shareholders
It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Crest Nicholson Holdings plc's (LON:CRST) case, it's fantastic news for shareholders.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Crest Nicholson Holdings
The Last 12 Months Of Insider Transactions At Crest Nicholson Holdings
In the last twelve months, the biggest single purchase by an insider was when CEO & Director Peter Truscott bought UK£92k worth of shares at a price of UK£3.08 per share. That means that even when the share price was higher than UK£2.80 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
Over the last year, we can see that insiders have bought 40.00k shares worth UK£122k. On the other hand they divested 20.00k shares, for UK£85k. In the last twelve months there was more buying than selling by Crest Nicholson Holdings insiders. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Crest Nicholson Holdings Boast High 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. 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, Crest Nicholson Holdings insiders have about 0.2% of the stock, worth approximately UK£1.6m. We prefer to see high levels of insider ownership.
What Might The Insider Transactions At Crest Nicholson Holdings Tell Us?
It doesn't really mean much that no insider has traded Crest Nicholson Holdings shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Crest Nicholson Holdings stock. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 1 warning sign for Crest Nicholson Holdings that deserve your attention before buying any shares.
But note: Crest Nicholson Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.
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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.
