Insider Returns Down To UK£14k As ProCook Group's Stock Dips 10.0%

Insiders who bought ProCook Group plc (LON:PROC) stock lover the last 12 months are probably not as affected by last week’s 10.0% loss. Even after accounting for the recent loss, the UK£137.7k worth of stock purchased by them is now worth UK£151.5k or in other words, their investment continues to give good returns.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for ProCook Group

The Last 12 Months Of Insider Transactions At ProCook Group

In the last twelve months, the biggest single purchase by an insider was when Founder & Deputy Chair Daniel O’Neill bought UK£138k worth of shares at a price of UK£0.27 per share. So it's clear an insider wanted to buy, at around the current price, which is UK£0.30. 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. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the ProCook Group insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Daniel O’Neill.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

ProCook 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.

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. ProCook Group insiders own 69% of the company, currently worth about UK£22m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About ProCook Group Insiders?

It doesn't really mean much that no insider has traded ProCook Group shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Judging from their transactions, and high insider ownership, ProCook Group insiders feel good about the company's future. While we like knowing 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. Be aware that ProCook Group is showing 2 warning signs in our investment analysis, and 1 of those shouldn't be ignored...

But note: ProCook 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.