Stock Analysis

CFO, Secretary & Executive Director of PCI-PAL Thomas Good Buys 62% More Shares

AIM:PCIP
Source: Shutterstock

Investors who take an interest in PCI-PAL PLC (LON:PCIP) should definitely note that the CFO, Secretary & Executive Director, Thomas Good, recently paid UK£0.56 per share to buy UK£140k worth of the stock. We reckon that's a good sign, especially since the purchase boosted their holding by 62%.

Check out our latest analysis for PCI-PAL

PCI-PAL Insider Transactions Over The Last Year

Notably, that recent purchase by Thomas Good is the biggest insider purchase of PCI-PAL shares that we've seen in the last year. That means that even when the share price was higher than UK£0.56 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

PCI-PAL 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!

insider-trading-volume
AIM:PCIP Insider Trading Volume March 30th 2024

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of PCI-PAL

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Our data indicates that PCI-PAL insiders own about UK£3.2m worth of shares (which is 8.1% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

So What Does This Data Suggest About PCI-PAL Insiders?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. 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 PCI-PAL 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. At Simply Wall St, we've found that PCI-PAL has 4 warning signs (1 can't be ignored!) that deserve your attention before going any further with your analysis.

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 of direct interests only, but not derivative transactions or indirect interests.

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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.