Independent Non-Executive Director Georg Chmiel Just Bought A Handful Of Shares In PropTech Group Limited (ASX:PTG)

Even if it's not a huge purchase, we think it was good to see that Georg Chmiel, the Independent Non-Executive Director of PropTech Group Limited (ASX:PTG) recently shelled out AU$75k to buy stock, at AU$0.25 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.

Check out our latest analysis for PropTech Group

The Last 12 Months Of Insider Transactions At PropTech Group

Notably, that recent purchase by Georg Chmiel is the biggest insider purchase of PropTech Group shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is AU$0.28. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the PropTech Group insider decided to buy shares at close to current prices. Georg Chmiel was the only individual insider to buy shares in the last twelve months.

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!

PropTech Group 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 PropTech Group

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that PropTech Group insiders own 23% of the company, worth about AU$764k. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About PropTech Group Insiders?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. Insiders likely see value in PropTech Group shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing PropTech Group. Case in point: We've spotted 2 warning signs for PropTech Group you should be aware of.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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, but not derivative transactions.

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