CEO & Executive Director of IP Group Gregory Smith Buys 16% More Shares

Even if it's not a huge purchase, we think it was good to see that Gregory Smith, the CEO & Executive Director of IP Group Plc (LON:IPO) recently shelled out UK£42k to buy stock, at UK£0.35 per share. That purchase might not be huge but it did increase their holding by 16%.

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The Last 12 Months Of Insider Transactions At IP Group

Notably, that recent purchase by CEO & Executive Director Gregory Smith was not the only time they traded IP Group shares this year. Earlier in the year, they sold shares at a price ofUK£0.48 per share in a -UK£98k transaction. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of UK£0.39. So it may not tell us anything about how insiders feel about the current share price.

All up, insiders sold more shares in IP Group than they bought, over the last year. 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!

View our latest analysis for IP Group

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Insider Ownership Of IP Group

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our information indicates that IP Group insiders own about UK£626k worth of shares. This level of insider ownership is notably low, and not very encouraging.

So What Does This Data Suggest About IP Group Insiders?

We note a that there has been a bit of insider buying recently (but no selling). The net investment is not enough to encourage us much. Our analysis of IP Group insider transactions leaves us unenthusiastic. And usually insiders own more stock in the company, according to our data. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 1 warning sign for IP Group you should know about.

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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.