Tiffany Fuller Is The Non-Executive Director of Computershare Limited (ASX:CPU) And They Just Spent US$51k On Shares

By
Simply Wall St
Published
August 20, 2019
ASX:CPU

Even if it's not a huge purchase, we think it was good to see that Tiffany Fuller, the Non-Executive Director of Computershare Limited (ASX:CPU) recently shelled out US$51k to buy stock, at US$14.50 per share. Even though that isn't a massive buy, it did increase their holding by 175%, which is a arguably a good sign.

See our latest analysis for Computershare

Computershare Insider Transactions Over The Last Year

The insider, Penelope Maclagan, made the biggest insider sale in the last 12 months. That single transaction was for AU$473k worth of shares at a price of AU$18.92 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (AU$14.76). So it may not shed much light on insider confidence at current levels. Penelope Maclagan was the only individual insider to sell over the last year.

Over the last year, we can see that insiders have bought 6172 shares worth AU$101k. On the other hand they divested 25000 shares, for AU$473k. You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

ASX:CPU Recent Insider Trading, August 20th 2019
ASX:CPU Recent Insider Trading, August 20th 2019

Insider Ownership of Computershare

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. Computershare insiders own about AU$555m worth of shares (which is 6.9% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Computershare Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. On the other hand the transaction history, over the last year, isn't so positive. The high levels of insider ownership, and the recent buying by an insider, suggests they are well aligned and optimistic. Of course, the future is what matters most. So if you are interested in Computershare, you should check out this free report on analyst forecasts for the company.

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.

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.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. 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. Thank you for reading.

Promoted
If you decide to trade Computershare, use the lowest-cost* platform that is rated #1 Overall by Barron's, Interactive Brokers. Trade stocks, options, futures, forex, bonds and funds on 135 markets, all from a single integrated account.

Discounted cash flow calculation for every stock

Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. It’s FREE.


Simply Wall St character - Warren

Simply Wall St

Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. Our research team consists of equity analysts with a public, market-beating track record. Learn more about the team behind Simply Wall St.