Insider Buys Additional UK£3.0m In Pollen Street Group Stock

Those following along with Pollen Street Group Limited (LON:POLN) will no doubt be intrigued by the recent purchase of shares by William Tice, Head of Business Development of the company, who spent a stonking UK£3.0m on stock at an average price of UK£6.19. While that only increased their holding size by -392%, it is still a big swing by our standards.

View our latest analysis for Pollen Street Group

Pollen Street Group Insider Transactions Over The Last Year

Notably, that recent purchase by William Tice is the biggest insider purchase of Pollen Street Group shares that we've seen in the last year. That implies that an insider found the current price of UK£6.50 per share to be enticing. 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 Pollen Street Group share holders is that insiders were buying at near the current price.

Over the last year, we can see that insiders have bought 854.30k shares worth UK£5.0m. On the other hand they divested 614.30k shares, for UK£3.5m. In total, Pollen Street Group insiders bought more than they sold over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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.

Does Pollen Street Group Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Pollen Street Group insiders own 34% of the company, currently worth about UK£142m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Pollen Street Group Insiders?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Pollen Street Group. One for the watchlist, at least! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Pollen Street Group has 1 warning sign we think you should be aware of.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.