Executive Director Simon Yeo Just Bought A Handful Of Shares In Euroz Limited (ASX:EZL)

Even if it's not a huge purchase, we think it was good to see that Simon Yeo, the Executive Director of Euroz Limited (ASX:EZL) recently shelled out AU$50k to buy stock, at AU$1.15 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

See our latest analysis for Euroz

The Last 12 Months Of Insider Transactions At Euroz

In the last twelve months, the biggest single purchase by an insider was when Executive Director Jay Hughes bought AU$95k worth of shares at a price of AU$1.05 per share. That means that an insider was happy to buy shares at around the current price of AU$1.18. 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 Euroz insiders decided to buy shares at close to current prices.

While Euroz insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

Euroz is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership of Euroz

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It appears that Euroz insiders own 33% of the company, worth about AU$60m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Does This Data Suggest About Euroz Insiders?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Euroz insiders are well aligned, and that they may think the share price is too low. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. While conducting our analysis, we found that Euroz has 3 warning signs and it would be unwise to ignore them.

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.

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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. 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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