Insider Spends UK£248k Buying More Shares In Flowtech Fluidpower

Investors who take an interest in Flowtech Fluidpower plc (LON:FLO) should definitely note that the Independent Non-Executive Director, Roger McDowell, recently paid UK£0.83 per share to buy UK£248k worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 40%.

See our latest analysis for Flowtech Fluidpower

The Last 12 Months Of Insider Transactions At Flowtech Fluidpower

Notably, that recent purchase by Roger McDowell is the biggest insider purchase of Flowtech Fluidpower shares that we've seen in the last year. We do like to see buying, but this purchase was made at well below the current price of UK£0.93. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months Flowtech Fluidpower insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Flowtech Fluidpower 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 Flowtech Fluidpower

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Based on our data, Flowtech Fluidpower insiders have about 2.1% of the stock, worth approximately UK£1.2m. We consider this fairly low insider ownership.

So What Does This Data Suggest About Flowtech Fluidpower Insiders?

The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Flowtech Fluidpower insiders are reasonably well aligned, and optimistic for the future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we've found that Flowtech Fluidpower has 3 warning signs (1 is a bit concerning!) that deserve your attention before going any further with your analysis.

But note: Flowtech Fluidpower 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, 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.