Yahoo Finance Favourable Signals For Venture Life Group: Numerous Insiders Acquired Stock \
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 Venture Life Group plc (LON:VLG), it sends a favourable message to the company's shareholders.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for Venture Life Group
Venture Life Group Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Non-Executive Chair Paul McGreevy bought UK£97k worth of shares at a price of UK£0.35 per share. That implies that an insider found the current price of UK£0.39 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Venture Life Group share holders is that insiders were buying at near the current price.
In the last twelve months Venture Life Group insiders were buying shares, but not selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Venture Life Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Venture Life Group Insiders Bought Stock Recently
Over the last three months, we've seen a bit of insider buying at Venture Life Group. Non-Executive Director Mark Adams purchased UK£25k worth of shares in that period. We like it when there are only buyers, and no sellers. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.
Insider Ownership
Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data suggests Venture Life Group insiders own 4.3% of the company, worth about UK£2.1m. We prefer to see high levels of insider ownership.
So What Does This Data Suggest About Venture Life Group Insiders?
Our data shows a little insider buying, but no selling, in the last three months. Overall the buying isn't worth writing home about. However, our analysis of transactions over the last year is heartening. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Venture Life Group stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Venture Life Group. Case in point: We've spotted 3 warning signs for Venture Life Group you should be aware of.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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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