Executive Chairman of the Board Nick Sanders Just Bought 418% More Shares In Carclo plc (LON:CAR)

Even if it's not a huge purchase, we think it was good to see that Nick Sanders, the Executive Chairman of the Board of Carclo plc (LON:CAR) recently shelled out UK£50k to buy stock, at UK£0.17 per share. While that isn't the hugest buy, it actually boosted their shareholding by 418%, which is good to see.

View our latest analysis for Carclo

Carclo Insider Transactions Over The Last Year

Notably, that recent purchase by Nick Sanders is the biggest insider purchase of Carclo shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of UK£0.20. 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. 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 Carclo insider decided to buy shares at close to current prices. Nick Sanders was the only individual insider to buy shares in the last twelve months.

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 growing companies that insiders are buying.

Does Carclo Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company 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. Our information indicates that Carclo insiders own about UK£79k worth of shares. This level of insider ownership is notably low, and not very encouraging.

What Might The Insider Transactions At Carclo Tell Us?

Our data shows a little insider buying, but no selling, in the last three months. That said, the purchases were not large. On a brighter note, the transactions over the last year are encouraging. We'd like to see bigger individual holdings. However, we don't see anything to make us think Carclo insiders are doubting the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Our analysis shows 3 warning signs for Carclo (1 is potentially serious!) and we strongly recommend you look at these before investing.

But note: Carclo 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, but not derivative transactions.

When trading Carclo or any other investment, use the platform considered by many to be the Professional's Gateway to the Worlds Market, Interactive Brokers. You get the lowest-cost* trading on stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. Promoted

This article by Simply Wall St is general in nature. 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.
^*Interactive Brokers Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2020

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