When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in International Personal Finance plc’s (LON:IPF) instance, it’s good news for shareholders.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for International Personal Finance
International Personal Finance Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when CFO & Executive Director Gary Thompson bought UK£39k worth of shares at a price of UK£0.98 per share. Even though the purchase was made at a significantly lower price than the recent price (UK£1.17), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn’t tell us much about whether insiders might find today’s price attractive.
In the last twelve months International Personal Finance insiders were buying shares, but not selling. 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!
International Personal Finance 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.
Insider Ownership
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 7.2% of International Personal Finance shares, worth about UK£19m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Does This Data Suggest About International Personal Finance Insiders?
It doesn’t really mean much that no insider has traded International Personal Finance shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. Insiders own shares in International Personal Finance and we see no evidence to suggest they are worried about the future. In addition to knowing about insider transactions going on, it’s beneficial to identify the risks facing International Personal Finance. Be aware that International Personal Finance is showing 2 warning signs in our investment analysis, and 1 of those is a bit concerning…
Of course International Personal Finance 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 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.
