Insiders Traded Comms Group During Year, Stock Sits Near AU$0.044

Even though Comms Group Limited ( ASX:CCG ) has fallen by 12% over the past week, the stock is still up for the year after dividends. Over the last year, we can see that insiders have bought 3.95m shares worth AU$220k.

Check out our latest analysis for Comms Group

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Insiders At Comms Group Have Bought Stock Recently

Over the last three months, we've seen significantly more insider buying, than insider selling, at Comms Group. In total, Non-Executive Chairman Ryan O’Hare bought AU$102k worth of shares in that time. But we did see Independent Non-Executive Director Claire Bibby sell shares worth AU$98.2. We think insiders may be optimistic about the future, since insiders have been net buyers of shares.

Insider Ownership Of Comms Group

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. It's great to see that Comms Group insiders own 47% of the company, worth about AU$8.0m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. It should be noted some of this amount include major shareholders as well who are no longer employed by the company or on their board.

So What Do The Comms Group Insider Transactions Indicate?

With a significant insider holding and more recent purchases, Comms Group insiders are reasonably well aligned, and optimistic for the future. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To assist with this, we've discovered  2 warning signs that you should run your eye over to get a better picture of Comms Group.

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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.