CEO & Executive Director of Games Workshop Group Kevin Rountree Buys 12% More Shares

Games Workshop Group PLC (LON:GAW) shareholders (or potential shareholders) will be happy to see that the CEO & Executive Director, Kevin Rountree, recently bought a whopping UK£381k worth of stock, at a price of UK£163. Not only is that a big swing, but it increased their holding size by 12%, which is definitely great to see.

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The Last 12 Months Of Insider Transactions At Games Workshop Group

In fact, the recent purchase by Kevin Rountree was the biggest purchase of Games Workshop Group shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at above the current price of UK£160. It's very possible they regret the purchase, but it's more likely they are bullish about the company. 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 Games Workshop Group 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. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for Games Workshop Group

Games Workshop Group 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 Games Workshop Group Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data suggests Games Workshop Group insiders own 0.06% of the company, worth about UK£3.4m. I generally like to see higher levels of ownership.

So What Does This Data Suggest About Games Workshop Group Insiders?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Games Workshop Group insiders are reasonably well aligned, and optimistic for the future. Of course, the future is what matters most. So if you are interested in Games Workshop Group, you should check out this free report on analyst forecasts for the company.

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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.