Insider Buying: The Euroz Limited (ASX:EZL) Director Just Bought 2.2% More Shares

Even if it's not a huge purchase, we think it was good to see that Richard Simpson, the Director of Euroz Limited (ASX:EZL) recently shelled out AU$73k to buy stock, at AU$1.45 per share. However, it only increased their shares held by 2.2%, and it wasn't a huge purchase by absolute value, either.

Check out 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. Even though the purchase was made at a significantly lower price than the recent price (AU$1.48), 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 Euroz insiders were buying shares, but not selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership of Euroz

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. Euroz insiders own about AU$77m worth of shares. That equates to 28% of the company. 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 Euroz Insiders?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. Given that insiders also own a fair bit of Euroz we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Euroz. For example - Euroz has 3 warning signs we think you should be aware of.

But note: Euroz 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.

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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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