Stock Analysis

Insiders who purchased C&C Group plc (LON:CCR) stock last year recover some losses which currently stand at €33k

  •  Updated
Source: Shutterstock

Insiders who bought €189k worth of C&C Group plc (LON:CCR) stock in the last year recovered part of their losses as the stock rose by 6.4% last week. However, total losses seen by insiders are still €33k but in since the time of purchase.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for C&C Group

The Last 12 Months Of Insider Transactions At C&C Group

The Group CEO & Executive Director David Forde made the biggest insider purchase in the last 12 months. That single transaction was for UK£118k worth of shares at a price of UK£2.46 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£2.03). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

C&C Group 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!

LSE:CCR Insider Trading Volume April 21st 2022

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does C&C Group 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. I reckon it's a good sign if insiders own a significant number of shares in the company. From looking at our data, insiders own UK£1.3m worth of C&C Group stock, about 0.2% of the company. We consider this fairly low insider ownership.

So What Does This Data Suggest About C&C Group Insiders?

There haven't been any insider transactions in the last three months -- that doesn't mean much. On a brighter note, the transactions over the last year are encouraging. We'd like to see bigger individual holdings. However, we don't see anything to make us think C&C Group insiders are doubting the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 1 warning sign for C&C Group and we suggest you have a look.

But note: C&C Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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, but not derivative transactions.

Valuation is complex, but we're helping make it simple.

Find out whether C&C Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis