Yahoo Finance Videndum Insiders Placed Bullish Bets Worth UK£1.19m
Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Videndum Plc (LON:VID), it sends a favourable message to the company's shareholders.
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.
View our latest analysis for Videndum
The Last 12 Months Of Insider Transactions At Videndum
In the last twelve months, the biggest single purchase by an insider was when Chairman Stephen Harris bought UK£300k worth of shares at a price of UK£2.67 per share. We do like to see buying, but this purchase was made at well below the current price of UK£3.28. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
While Videndum insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
Videndum is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Does Videndum Boast High Insider Ownership?
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£3.0m worth of Videndum stock, about 1.0% of the company. I generally like to see higher levels of ownership.
So What Do The Videndum Insider Transactions Indicate?
There haven't been any insider transactions in the last three months -- that doesn't mean much. But insiders have shown more of an appetite for the stock, over the last year. The transactions are fine but it'd be more encouraging if Videndum insiders bought more shares in the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Videndum.
But note: Videndum 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 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.
