Stock Analysis

Even though CVS Group plc's (LON:CVSG) stock is down 3.7% this week, insiders who bought lately made a UK£37k profit

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Insiders who purchased CVS Group plc (LON:CVSG) shares in the past 12 months are unlikely to be deeply impacted by the stock's 3.7% decline over the past week. Even after accounting for the recent loss, the UK£330k worth of stock purchased by them is now worth UK£367k or in other words, their investment continues to give good returns.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

View our latest analysis for CVS Group

The Last 12 Months Of Insider Transactions At CVS Group

Over the last year, we can see that the biggest insider purchase was by Independent Non-Executive Director David Wilton for UK£94k worth of shares, at about UK£17.12 per share. That means that an insider was happy to buy shares at around the current price of UK£18.56. 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. Happily, the CVS Group insiders decided to buy shares at close to current prices.

While CVS Group insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

AIM:CVSG Insider Trading Volume March 15th 2023

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).

Insider Ownership

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that CVS Group insiders own 0.4% of the company, worth about UK£5.2m. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Do The CVS Group Insider Transactions Indicate?

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. The transactions are fine but it'd be more encouraging if CVS Group insiders bought more shares in the company. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for CVS Group.

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, but not derivative transactions.

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Find out whether CVS 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.

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