Philippe Hamers Bought 9.0% More Shares In Victoria

Even if it's not a huge purchase, we think it was good to see that Philippe Hamers, the CEO & Executive Director of Victoria PLC (LON:VCP) recently shelled out UK£42k to buy stock, at UK£2.03 per share. Although the purchase is not a big one, increasing their shareholding by only 9.0%, it can be interpreted as a good sign.

See our latest analysis for Victoria

The Last 12 Months Of Insider Transactions At Victoria

Notably, that recent purchase by Philippe Hamers is the biggest insider purchase of Victoria shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of UK£2.19. 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. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider bought shares at close to current prices. Philippe Hamers was the only individual insider to buy shares in the last twelve months.

Philippe Hamers purchased 30.44k shares over the year. The average price per share was UK£2.06. 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 undervalued small cap companies that insiders are buying.

Insider Ownership Of Victoria

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 20% of Victoria shares, worth about UK£50m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Victoria Tell Us?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. When combined with notable insider ownership, these factors suggest Victoria insiders are well aligned, and that they may think the share price is too low. 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. At Simply Wall St, we found 1 warning sign for Victoria that deserve your attention before buying any shares.

Of course Victoria may not be the best stock to buy. So you may wish to see this free collection of high quality 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.