Yahoo Finance Brickability Group Insiders Placed Bullish Bets Worth UK£565.0k
It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Brickability Group Plc's (LON:BRCK) 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.
Check out our latest analysis for Brickability Group
Brickability Group Insider Transactions Over The Last Year
The Founder Alan Simpson made the biggest insider purchase in the last 12 months. That single transaction was for UK£375k worth of shares at a price of UK£0.68 each. That means that an insider was happy to buy shares at above the current price of UK£0.67. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.
Brickability 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!
Brickability Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insiders At Brickability Group Have Bought Stock Recently
It's good to see that Brickability Group insiders have made notable investments in the company's shares. Overall, four insiders shelled out UK£565k for shares in the company -- and none sold. That shows some optimism about the company's future.
Insider Ownership Of Brickability Group
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Brickability Group insiders own 29% of the company, worth about UK£62m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Do The Brickability Group Insider Transactions Indicate?
The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Brickability Group insiders are well aligned, and that they may think the share price is too low. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. In terms of investment risks, we've identified 2 warning signs with Brickability Group and understanding them should be part of your investment process.
But note: Brickability Group 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.
