- United Kingdom
- /
- Diversified Financial
- /
- AIM:DUKE
Chief Investment Officer & Executive Director of Duke Capital Charles Cannon-Brookes Buys 18% More Shares
Duke Capital Limited (LON:DUKE) shareholders (or potential shareholders) will be happy to see that the Chief Investment Officer & Executive Director, Charles Cannon-Brookes, recently bought a whopping UK£500k worth of stock, at a price of UK£0.27. Not only is that a big swing, but it increased their holding size by 18%, which is definitely great to see.
See our latest analysis for Duke Capital
The Last 12 Months Of Insider Transactions At Duke Capital
In fact, the recent purchase by Charles Cannon-Brookes was the biggest purchase of Duke Capital shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, at around the current price, which is UK£0.28. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Duke Capital insiders decided to buy shares at close to current prices.
While Duke Capital insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
Duke Capital 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 Of Duke Capital
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Our data indicates that Duke Capital insiders own about UK£5.4m worth of shares (which is 3.8% of the company). We do generally prefer see higher levels of insider ownership.
So What Does This Data Suggest About Duke Capital Insiders?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Duke Capital stock. 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. To that end, you should learn about the 2 warning signs we've spotted with Duke Capital (including 1 which makes us a bit uncomfortable).
But note: Duke 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 of direct interests only, but not derivative transactions or indirect interests.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About AIM:DUKE
Duke Capital
Duke Royalty Limited is a principal investment firm specializing in royalty financing.
Undervalued with moderate growth potential.