Insiders Of MGI - Media and Games Invest Are Up 10% On Their €1.82m Purchase

MGI - Media and Games Invest SE (ETR:M8G) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 15% resulting in a €24m addition to the company’s market value. As a result, their original purchase of €1.82m worth of stock is now worth €2.01m.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for MGI - Media and Games Invest

The Last 12 Months Of Insider Transactions At MGI - Media and Games Invest

Over the last year, we can see that the biggest insider purchase was by CEO & Director Remco Westermann for €397k worth of shares, at about €0.99 per share. We do like to see buying, but this purchase was made at well below the current price of €1.14. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Remco Westermann bought 1.76m shares over the last 12 months at an average price of €1.03. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. 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 MGI - Media and Games Invest

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that MGI - Media and Games Invest insiders own 29% of the company, worth about €52m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The MGI - Media and Games Invest Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Given that insiders also own a fair bit of MGI - Media and Games Invest we think they are probably pretty confident of a bright future. While we like knowing 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. For example, MGI - Media and Games Invest has 4 warning signs (and 2 which are a bit concerning) we think you should know about.

But note: MGI - Media and Games Invest 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.