Executive Director & CEO of Conduit Holdings Picks Up 5.0% More Stock

Investors who take an interest in Conduit Holdings Limited (LON:CRE) should definitely note that the Executive Director & CEO, Trevor Carvey, recently paid UK£3.90 per share to buy UK£117k worth of the stock. Although the purchase only increased their holding by 5.0%, it is still a solid purchase in our view.

View our latest analysis for Conduit Holdings

The Last 12 Months Of Insider Transactions At Conduit Holdings

In the last twelve months, the biggest single purchase by an insider was when Deputy CEO & COO Stuart Quinlan bought UK£280k worth of shares at a price of UK£5.11 per share. That means that an insider was happy to buy shares at above the current price of UK£3.95. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. We note that Stuart Quinlan was both the biggest buyer and the biggest seller.

Happily, we note that in the last year insiders paid UK£1.3m for 269.48k shares. On the other hand they divested 70.35k shares, for UK£359k. Overall, Conduit Holdings insiders were net buyers during the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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 Conduit Holdings

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Conduit Holdings insiders own about UK£8.4m worth of shares. That equates to 1.3% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Conduit Holdings Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Conduit Holdings insiders are reasonably well aligned, and optimistic for the future. While it's good to be aware of 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 - Conduit Holdings has 1 warning sign we think you should be aware of.

But note: Conduit Holdings 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.

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.