Insider Spends UK£70k Buying More Shares In Frenkel Topping Group

Even if it's not a huge purchase, we think it was good to see that Mark Holt, the MD & Executive Director of Frenkel Topping Group Plc (LON:FEN) recently shelled out UK£70k to buy stock, at UK£0.54 per share. That purchase might not be huge but it did increase their holding by 39%.

View our latest analysis for Frenkel Topping Group

Frenkel Topping Group Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the CEO & Executive Director, Richard Fraser, for UK£150k worth of shares, at about UK£0.60 per share. So what is clear is that an insider saw fit to sell at around the current price of UK£0.58. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive). Richard Fraser was the only individual insider to sell shares in the last twelve months.

Over the last year, we can see that insiders have bought 155.00k shares worth UK£87k. On the other hand they divested 275.00k shares, for UK£167k. Richard Fraser ditched 275.00k shares over the year. The average price per share was UK£0.61. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Does Frenkel Topping Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data suggests Frenkel Topping Group insiders own 2.0% of the company, worth about UK£1.4m. But they may have an indirect interest through a corporate structure that we haven't picked up on. I generally like to see higher levels of ownership.

What Might The Insider Transactions At Frenkel Topping Group Tell Us?

It's certainly positive to see the recent insider purchase. But we can't say the same for the transactions over the last 12 months. We're not thrilled with the relatively low insider ownership and the longer term transaction history. But we like the recent purchasing. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Frenkel Topping Group. Every company has risks, and we've spotted 3 warning signs for Frenkel Topping Group (of which 1 shouldn't be ignored!) you should know about.

Of course Frenkel Topping Group 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.