Christopher Bogart Is The CEO & Director of Burford Capital Limited (LON:BUR) And Just Spent US$46k On Shares

Even if it's not a huge purchase, we think it was good to see that Christopher Bogart, the CEO & Director of Burford Capital Limited (LON:BUR) recently shelled out UK£46k to buy stock, at UK£8.34 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

View our latest analysis for Burford Capital

The Last 12 Months Of Insider Transactions At Burford Capital

Notably, that recent purchase by CEO & Director Christopher Bogart was not the only time they bought Burford Capital shares this year. Earlier in the year, they paid UK£4.83 per share in a UK£242k purchase. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£6.92. 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.

Burford Capital insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Burford Capital is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Burford Capital Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Burford Capital insiders own about UK£133m worth of shares (which is 8.8% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Burford Capital Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Burford Capital. One for the watchlist, at least! Of course, the future is what matters most. So if you are interested in Burford Capital, you should check out this free report on analyst forecasts for the company.

But note: Burford Capital 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, but not derivative transactions.

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This article by Simply Wall St is general in nature. 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.
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