Executive Director & Chief Investment Officer of Duke Royalty Charles Cannon-Brookes Buys 4.7% More Shares \

Investors who take an interest in Duke Royalty Limited (LON:DUKE) should definitely note that the Executive Director & Chief Investment Officer, Charles Cannon-Brookes, recently paid UK£0.30 per share to buy UK£115k worth of the stock. Although the purchase only increased their holding by 4.7%, it is still a solid purchase in our view.

Check out our latest analysis for Duke Royalty

Duke Royalty Insider Transactions Over The Last Year

In fact, the recent purchase by Charles Cannon-Brookes was the biggest purchase of Duke Royalty 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£0.30. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Duke Royalty share holders is that an insider was buying at near the current price. Charles Cannon-Brookes was the only individual insider to buy during the last year.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Duke Royalty 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.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Based on our data, Duke Royalty insiders have about 2.8% of the stock, worth approximately UK£3.4m. I generally like to see higher levels of ownership.

So What Do The Duke Royalty Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Duke Royalty insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Duke Royalty. To help with this, we've discovered 3 warning signs (2 are potentially serious!) that you ought to be aware of before buying any shares in Duke Royalty.

Of course Duke Royalty may not be the best stock to buy. So you may wish to see this free collection of high quality 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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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.