This RPMGlobal Holdings Insider Increased Their Holding In The Last Year \

Insiders were net buyers of RPMGlobal Holdings Limited's (ASX:RUL ) stock during the past year. That is, insiders bought more stock than they sold.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for RPMGlobal Holdings

RPMGlobal Holdings Insider Transactions Over The Last Year

The Independent Non-Executive Director Ross Walker made the biggest insider purchase in the last 12 months. That single transaction was for AU$150k worth of shares at a price of AU$1.50 each. That implies that an insider found the current price of AU$1.51 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. Happily, the RPMGlobal Holdings insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Ross Walker.

Ross Walker bought a total of 200.00k shares over the year at an average price of AU$1.50. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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

Insider Ownership Of RPMGlobal Holdings

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that RPMGlobal Holdings insiders own 10% of the company, worth about AU$35m. 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 Do The RPMGlobal Holdings Insider Transactions Indicate?

The fact that there have been no RPMGlobal Holdings insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in RPMGlobal Holdings and we see no evidence to suggest they are worried about the future. Of course, the future is what matters most. So if you are interested in RPMGlobal Holdings, you should check out this free report on analyst forecasts for the company.

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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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.