Yahoo Finance A Halma plc (LON:HLMA) insider increased their holdings by 18% last year
Insiders were net buyers of Halma plc's (LON:HLMA ) stock during the past year. That is, insiders bought more stock than they sold.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for Halma
Halma Insider Transactions Over The Last Year
The Senior Independent Director William Rice made the biggest insider purchase in the last 12 months. That single transaction was for UK£59k worth of shares at a price of UK£19.22 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£21.86. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Halma 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.
Does Halma Boast High Insider Ownership?
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. It appears that Halma insiders own 0.3% of the company, worth about UK£29m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Does This Data Suggest About Halma Insiders?
It doesn't really mean much that no insider has traded Halma shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Halma and their transactions don't cause us concern. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Halma.
Of course Halma 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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