CEO & Executive Director of Jubilee Metals Group Picks Up 78% More Stock

Whilst it may not be a huge deal, we thought it was good to see that the Jubilee Metals Group PLC (LON:JLP) CEO & Executive Director, Leon Coetzer, recently bought UK£40k worth of stock, for UK£0.064 per share. While that isn't the hugest buy, it actually boosted their shareholding by 78%, which is good to see.

View our latest analysis for Jubilee Metals Group

Jubilee Metals Group Insider Transactions Over The Last Year

Notably, that recent purchase by Leon Coetzer is the biggest insider purchase of Jubilee Metals Group shares that we've seen in the last year. That means that even when the share price was higher than UK£0.063 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

Jubilee Metals Group insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Jubilee Metals Group is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insider Ownership Of Jubilee Metals Group

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. From looking at our data, insiders own UK£3.8m worth of Jubilee Metals Group stock, about 2.0% of the company. But they may have an indirect interest through a corporate structure that we haven't picked up on. I generally like to see higher levels of ownership.

What Might The Insider Transactions At Jubilee Metals Group Tell Us?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. 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 Jubilee Metals Group 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 Jubilee Metals Group has 2 warning signs and it would be unwise to ignore them.

But note: Jubilee Metals Group 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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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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com