Executive Director & CFO of Conduit Holdings Picks Up 15% More Stock

Potential Conduit Holdings Limited (LON:CRE) shareholders may wish to note that the Executive Director & CFO, Elaine Whelan, recently bought UK£197k worth of stock, paying UK£4.75 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 15%.

View our latest analysis for Conduit Holdings

The Last 12 Months Of Insider Transactions At Conduit Holdings

Notably, that recent purchase by Elaine Whelan is the biggest insider purchase of Conduit Holdings shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is UK£4.77. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Conduit Holdings insiders decided to buy shares at close to current prices.

Happily, we note that in the last year insiders paid UK£830k for 165.93k shares. But they sold 15.60k shares for UK£80k. In total, Conduit Holdings 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 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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 1.2% of Conduit Holdings shares, worth about UK£9.3m. 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 Does This Data Suggest About Conduit Holdings Insiders?

It is good to see recent purchasing. And the longer term insider transactions also give us confidence. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Conduit Holdings stock. 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. While conducting our analysis, we found that Conduit Holdings has 1 warning sign and it would be unwise to ignore it.

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.

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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.