CEO & Executive Chairman of Vistry Group Picks Up 10% More Stock

Those following along with Vistry Group PLC (LON:VTY) will no doubt be intrigued by the recent purchase of shares by Gregory Fitzgerald, CEO & Executive Chairman of the company, who spent a stonking UK£496k on stock at an average price of UK£5.69. Not only is that a big swing, but it increased their holding size by 10%, which is definitely great to see.

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The Last 12 Months Of Insider Transactions At Vistry Group

Notably, that recent purchase by CEO & Executive Chairman Gregory Fitzgerald was not the only time they bought Vistry Group shares this year. Earlier in the year, they paid UK£7.38 per share in a UK£2.0m purchase. That means that an insider was happy to buy shares at above the current price of UK£5.86. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

While Vistry 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 Vistry Group

Vistry 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 Vistry Group 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 data indicates that Vistry Group insiders own about UK£5.9m worth of shares (which is 0.3% of the company). Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

What Might The Insider Transactions At Vistry Group Tell Us?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Vistry Group insiders are expecting a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. In terms of investment risks, we've identified 2 warning signs with Vistry Group and understanding these should be part of your investment process.

But note: Vistry Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.