David Bower Bought 200% More Shares In Robert Walters

Whilst it may not be a huge deal, we thought it was good to see that the Robert Walters plc (LON:RWA) CFO & Director, David Bower, recently bought UK£74k worth of stock, for UK£3.72 per share. Even though that isn't a massive buy, it did increase their holding by 200%, which is arguably a good sign.

Check out our latest analysis for Robert Walters

Robert Walters Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Independent Non-Executive Chairman Philippe Van de Walle for UK£95k worth of shares, at about UK£3.79 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£3.77). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

While Robert Walters insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

Robert Walters is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Does Robert Walters Boast High Insider Ownership?

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. A high insider ownership often makes company leadership more mindful of shareholder interests. Our information indicates that Robert Walters insiders own about UK£295k worth of shares. This level of insider ownership is notably low, and not very encouraging.

What Might The Insider Transactions At Robert Walters Tell Us?

The recent insider purchases are heartening. And the longer term insider transactions also give us confidence. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Robert Walters insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Robert Walters. For example - Robert Walters has 2 warning signs we think you should be aware of.

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 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.