Yahoo Finance One TMT Investments Insider Raised Stake By 54% In Previous Year
Looking at TMT Investments PLC's (LON:TMT ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
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 TMT Investments
TMT Investments Insider Transactions Over The Last Year
The Executive Director Alexander Selegenev made the biggest insider purchase in the last 12 months. That single transaction was for US$116k worth of shares at a price of US$2.50 each. That means that even when the share price was higher than US$2.32 (the recent price), an insider wanted to purchase shares. 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. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Alexander Selegenev was the only individual insider to buy during the last year. We note that Alexander Selegenev was both the biggest buyer and the biggest seller.
Alexander Selegenev purchased 82.78k shares over the year. The average price per share was US$2.61. 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!
TMT Investments 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.
Insiders At TMT Investments Have Bought Stock Recently
There was some insider buying at TMT Investments over the last quarter. Executive Director Alexander Selegenev bought US$116k worth in that time. On the other hand, Executive Director Alexander Selegenev sold US$72k worth of shares. It is nice to see that insiders have bought, but the quantum isn't large enough to get us excited.
Does TMT Investments 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. TMT Investments insiders own 76% of the company, currently worth about US$56m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
So What Does This Data Suggest About TMT Investments Insiders?
Insider purchases may have been minimal, in the last three months, but there was no selling at all. The net investment is not enough to encourage us much. On a brighter note, the transactions over the last year are encouraging. With high insider ownership and encouraging transactions, it seems like TMT Investments insiders think the business has merit. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 3 warning signs for TMT Investments you should be aware of, and 2 of them are a bit concerning.
But note: TMT Investments 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.
