CEO & Director Philip Urban Just Bought 39% More Shares In Mitchells & Butlers plc (LON:MAB)

Investors who take an interest in Mitchells & Butlers plc (LON:MAB) should definitely note that the CEO & Director, Philip Urban, recently paid UK£2.10 per share to buy UK£197k worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 39%.

Check out our latest analysis for Mitchells & Butlers

The Last 12 Months Of Insider Transactions At Mitchells & Butlers

Notably, that recent purchase by Philip Urban is the biggest insider purchase of Mitchells & Butlers shares that we've seen in the last year. We do like to see buying, but this purchase was made at well below the current price of UK£3.31. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

While Mitchells & Butlers insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Mitchells & Butlers is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Mitchells & Butlers Boast High Insider Ownership?

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. From looking at our data, insiders own UK£1.7m worth of Mitchells & Butlers stock, about 0.09% of the company. However, it's possible that insiders might have an indirect interest through a more complex structure. We consider this fairly low insider ownership.

So What Does This Data Suggest About Mitchells & Butlers Insiders?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. But we don't feel the same about the fact the company is making losses. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Mitchells & Butlers 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. For instance, we've identified 3 warning signs for Mitchells & Butlers (1 shouldn't be ignored) 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, but not derivative transactions.

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