Bullish Vistry Group Insiders Loaded Up On UK£1.01m Of Stock

Multiple insiders secured a larger position in Vistry Group PLC (LON:VTY) shares over the last 12 months. This is reassuring as this suggests that insiders have increased optimism about the company's prospects.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

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Vistry Group Insider Transactions Over The Last Year

The CEO & Executive Chairman Gregory Fitzgerald made the biggest insider purchase in the last 12 months. That single transaction was for UK£496k worth of shares at a price of UK£5.90 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£6.57. 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 insiders purchased 175.11k shares for UK£1.0m. But insiders sold 3.73k shares worth UK£20k. In the last twelve months there was more buying than selling by Vistry Group insiders. 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!

See our latest analysis for Vistry Group

Vistry Group is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

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. Vistry Group insiders own about UK£7.6m worth of shares. That equates to 0.4% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Vistry Group Tell Us?

It doesn't really mean much that no insider has traded Vistry Group shares in the last quarter. However, our analysis of transactions over the last year is heartening. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Vistry Group stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Vistry Group. In terms of investment risks, we've identified 2 warning signs with Vistry Group and understanding them should be part of your investment process.

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.