CEO & Executive Director of Mountview Estates Duncan Sinclair Buys More Stock

Whilst it may not be a huge deal, we thought it was good to see that the Mountview Estates P.L.C. (LON:MTVW) CEO & Executive Director, Duncan Sinclair, recently bought UK£66k worth of stock, for UK£96.49 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

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The Last 12 Months Of Insider Transactions At Mountview Estates

Notably, that recent purchase by CEO & Executive Director Duncan Sinclair was not the only time they bought Mountview Estates shares this year. Earlier in the year, they paid UK£97.40 per share in a UK£633k purchase. That implies that an insider found the current price of UK£98.75 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. 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 Mountview Estates insiders decided to buy shares at close to current prices.

Over the last year, we can see that insiders have bought 10.03k shares worth UK£958k. But insiders sold 400.00 shares worth UK£35k. Overall, Mountview Estates insiders were net buyers during the last year. 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!

See our latest analysis for Mountview Estates

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

Does Mountview Estates Boast High Insider Ownership?

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Mountview Estates insiders own 29% of the company, currently worth about UK£111m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The Mountview Estates Insider Transactions Indicate?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Mountview Estates. Looks promising! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example, Mountview Estates has 2 warning signs (and 1 which doesn't sit too well with us) we think you should know about.

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.