Yahoo Finance CEO & Director of 1Spatial Picks Up 14% More Stock \
Even if it's not a huge purchase, we think it was good to see that Claire Milverton-Clark, the CEO & Director of 1Spatial Plc (LON:SPA) recently shelled out UK£40k to buy stock, at UK£0.48 per share. That purchase might not be huge but it did increase their holding by 14%.
Check out our latest analysis for 1Spatial
1Spatial Insider Transactions Over The Last Year
Notably, that recent purchase by Claire Milverton-Clark is the biggest insider purchase of 1Spatial shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is UK£0.50. That means they have been optimistic about the company in the past, though they may have changed their mind. 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. Happily, the 1Spatial insiders decided to buy shares at close to current prices.
1Spatial insiders may have bought shares in the last year, but they didn't sell any. 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!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insider Ownership
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data suggests 1Spatial insiders own 1.5% of the company, worth about UK£833k. We prefer to see high levels of insider ownership.
So What Do The 1Spatial Insider Transactions Indicate?
We note a that there has been a bit of insider buying recently (but no selling). Overall the buying isn't worth writing home about. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if 1Spatial insiders bought more shares in the company. 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. You'd be interested to know, that we found 1 warning sign for 1Spatial and we suggest you have a look.
Of course 1Spatial 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, 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.
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