Whilst it may not be a huge deal, we thought it was good to see that the EMIS Group plc (LON:EMIS) CEO & Executive Director, Andrew Thorburn, recently bought UK£77k worth of stock, for UK£7.67 per share. That purchase might not be huge but it did increase their holding by 31%.
EMIS Group Insider Transactions Over The Last Year
In fact, the recent purchase by Andrew Thorburn was the biggest purchase of EMIS Group shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of UK£8.84. 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. Happily, the EMIS Group insiders decided to buy shares at close to current prices.
EMIS Group insiders may have bought shares in the last year, but they didn’t sell any. They paid about UK£9.82 on average. These transactions suggest that insiders have considered the current price attractive. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
EMIS 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.
Insider Ownership of EMIS Group
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. Our data isn’t picking up on much insider ownership at EMIS Group, though insiders do hold about UK£599k worth of shares. This level of insider ownership is notably low, and not very encouraging.
What Might The Insider Transactions At EMIS Group Tell Us?
The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on EMIS Group stock. So while it’s helpful to know what insiders are doing in terms of buying or selling, it’s also helpful to know the risks that a particular company is facing. Every company has risks, and we’ve spotted 1 warning sign for EMIS Group you should know about.
But note: EMIS Group 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, but not derivative transactions.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.