Investors who take an interest in Moneysupermarket.com Group PLC (LON:MONY) should definitely note that the Independent Chairman of the Board, Robin Freestone, recently paid UK£1.94 per share to buy UK£99k worth of the stock. That's a very decent purchase to our minds and it grew their holding by a solid 45%.
The Last 12 Months Of Insider Transactions At Moneysupermarket.com Group
In fact, the recent purchase by Robin Freestone was the biggest purchase of Moneysupermarket.com Group shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than UK£1.94 (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. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
Moneysupermarket.com Group insiders may have bought shares in the last year, but they didn't sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Moneysupermarket.com Group 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 Moneysupermarket.com Group Boast High Insider Ownership?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Our information indicates that Moneysupermarket.com Group insiders own about UK£673k worth of shares. We might be missing something but that seems like very low insider ownership.
What Might The Insider Transactions At Moneysupermarket.com Group Tell Us?
It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Moneysupermarket.com Group insiders are expecting a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 1 warning sign for Moneysupermarket.com Group that deserve your attention before buying any shares.
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, 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.