Trevor Carvey Is The Executive Director & CEO of Conduit Holdings Limited (LON:CRE) And They Just Picked Up 3.4% More Shares

Whilst it may not be a huge deal, we thought it was good to see that the Conduit Holdings Limited (LON:CRE) Executive Director & CEO, Trevor Carvey, recently bought UK£51k worth of stock, for UK£5.07 per share. Although the purchase is not a big one, increasing their shareholding by only 3.4%, it can be interpreted as a good sign.

Check out our latest analysis for Conduit Holdings

The Last 12 Months Of Insider Transactions At Conduit Holdings

In fact, the recent purchase by Executive Director & CEO Trevor Carvey was not their only acquisition of Conduit Holdings shares this year. They previously made an even bigger purchase of UK£150k worth of shares at a price of UK£3.61 per share. We do like to see buying, but this purchase was made at well below the current price of UK£5.05. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

While Conduit Holdings insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Conduit Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Conduit Holdings Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. From our data, it seems that Conduit Holdings insiders own 0.8% of the company, worth about UK£6.9m. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!

So What Do The Conduit Holdings Insider Transactions Indicate?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Conduit Holdings insiders are expecting a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 1 warning sign for Conduit Holdings you should know about.

Of course Conduit Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality 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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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.