Helios Underwriting Executive Chairman Acquires 7.1% More Stock

Potential Helios Underwriting plc (LON:HUW) shareholders may wish to note that the Executive Chairman, John Chambers, recently bought UK£83k worth of stock, paying UK£2.08 for each share. Although the purchase only increased their holding by 7.1%, it is still a solid purchase in our view.

Check out our latest analysis for Helios Underwriting

Helios Underwriting Insider Transactions Over The Last Year

The Non-Executive Deputy Chairman Nigel Hanbury made the biggest insider purchase in the last 12 months. That single transaction was for UK£85k worth of shares at a price of UK£1.83 each. We do like to see buying, but this purchase was made at well below the current price of UK£2.09. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Over the last year, we can see that insiders have bought 133.91k shares worth UK£249k. But insiders sold 47.60k shares worth UK£81k. In total, Helios Underwriting insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership Of Helios Underwriting

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Insiders own 24% of Helios Underwriting shares, worth about UK£36m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Helios Underwriting Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Helios Underwriting shares, given these transactions (along with notable insider ownership of the company). So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 1 warning sign for Helios Underwriting you should know about.

But note: Helios Underwriting 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 of direct interests only, but not derivative transactions or indirect interests.

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