Foresight Group Holdings Co-Founder & Executive Chairman Acquires 1.2% More Stock

Those following along with Foresight Group Holdings Limited (LON:FSG) will no doubt be intrigued by the recent purchase of shares by Bernard Fairman, Co-Founder & Executive Chairman of the company, who spent a stonking UK£1.6m on stock at an average price of UK£4.00. While that only increased their holding size by 1.2%, it is still a big swing by our standards.

See our latest analysis for Foresight Group Holdings

Foresight Group Holdings Insider Transactions Over The Last Year

Notably, that recent purchase by Bernard Fairman is the biggest insider purchase of Foresight Group Holdings shares that we've seen in the last year. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£3.71). 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. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

Foresight Group Holdings insiders may have bought shares in the last year, but they didn't sell any. 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!

Foresight Group Holdings is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Does Foresight Group Holdings Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with 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. Foresight Group Holdings insiders own about UK£145m worth of shares (which is 34% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

What Might The Insider Transactions At Foresight Group Holdings Tell Us?

It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Foresight Group Holdings. Nice! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Foresight Group Holdings. In terms of investment risks, we've identified 1 warning sign with Foresight Group Holdings and understanding this should be part of your investment process.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.

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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.