Yahoo Finance Bullish insiders at Capital City Bank Group, Inc. (NASDAQ:CCBG) loaded up on US$631k of stock earlier this year
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Capital City Bank Group, Inc. (NASDAQ:CCBG), that sends out a positive message to the company's shareholders.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for Capital City Bank Group
Capital City Bank Group Insider Transactions Over The Last Year
The insider Allan Bense made the biggest insider purchase in the last 12 months. That single transaction was for US$268k worth of shares at a price of US$26.76 each. So it's clear an insider wanted to buy, at around the current price, which is US$26.87. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider purchases were made at close to current prices.
Over the last year, we can see that insiders have bought 25.62k shares worth US$631k. On the other hand they divested 5.00k shares, for US$135k. In total, Capital City Bank Group insiders bought more than they sold over the last year. 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.
Capital City Bank Group Insiders Bought Stock Recently
There has been significantly more insider buying, than selling, at Capital City Bank Group, over the last three months. insider Allan Bense spent US$268k on stock. But Treasurer & Director Thomas Barron sold shares worth US$135k. The buying outweighs the selling, which suggests that insiders may believe the company will do well in the future.
Does Capital City Bank Group 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. We usually like to see fairly high levels of insider ownership. Capital City Bank Group insiders own about US$92m worth of shares. That equates to 21% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Capital City Bank Group Tell Us?
It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Capital City Bank 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. Every company has risks, and we've spotted 1 warning sign for Capital City Bank Group you should know about.
But note: Capital City Bank 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, 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.
