CEO, Executive Director and Director of Health of Johnson Service Group Picks Up 17% More Stock

Potential Johnson Service Group PLC (LON:JSG) shareholders may wish to note that the CEO, Executive Director and Director of Health, Peter Egan, recently bought UK£89k worth of stock, paying UK£1.37 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 17%.

Check out our latest analysis for Johnson Service Group

Johnson Service Group Insider Transactions Over The Last Year

In fact, the recent purchase by Peter Egan was the biggest purchase of Johnson Service Group shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of UK£1.37 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the Johnson Service Group insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Peter Egan.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Johnson Service Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership Of Johnson Service 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. I reckon it's a good sign if insiders own a significant number of shares in the company. Based on our data, Johnson Service Group insiders have about 0.3% of the stock, worth approximately UK£1.7m. We consider this fairly low insider ownership.

What Might The Insider Transactions At Johnson Service Group Tell Us?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Johnson Service Group insiders are expecting a bright future. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Johnson Service Group.

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 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.