Insider Spends US$534k Buying More Shares In GQG Partners

Potential GQG Partners Inc. (ASX:GQG) shareholders may wish to note that the Founder, Rajiv Jain, recently bought AU$534k worth of stock, paying AU$1.94 for each share. Although the purchase only increased their holding by 9.9%, it is still a solid purchase in our view.

We've discovered 1 warning sign about GQG Partners. View them for free.

The Last 12 Months Of Insider Transactions At GQG Partners

Notably, that recent purchase by Rajiv Jain is the biggest insider purchase of GQG Partners shares that we've seen in the last year. That implies that an insider found the current price of AU$2.04 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for GQG Partners share holders is that insiders were buying at near the current price.

While GQG Partners insiders bought shares during the last year, they didn't sell. Their average price was about AU$2.20. This is nice to see since it implies that insiders might see value around current prices. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

See our latest analysis for GQG Partners

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

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. GQG Partners insiders own 74% of the company, currently worth about AU$4.5b based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About GQG Partners Insiders?

It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about GQG Partners. That's what I like to see! 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. Case in point: We've spotted 1 warning sign for GQG Partners you should be aware of.

But note: GQG Partners 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.