Ian Johnson Buys Handful Of Shares In Big Technologies

Whilst it may not be a huge deal, we thought it was good to see that the Big Technologies PLC (LON:BIG) CEO & Director, Ian Johnson, recently bought UK£49k worth of stock, for UK£1.02 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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Big Technologies Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the COO & Executive Director, Charles Lewinton, for UK£319k worth of shares, at about UK£1.25 per share. So what is clear is that an insider saw fit to sell at around the current price of UK£1.17. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn't a major concern, though it's hardly a good sign.

Happily, we note that in the last year insiders paid UK£632k for 620.36k shares. But insiders sold 1.38m shares worth UK£1.7m. All up, insiders sold more shares in Big Technologies than they bought, over the last year. They sold for an average price of about UK£1.19. It's not too encouraging to see that insiders have sold at below the current price. But we wouldn't put too much weight on the insider selling. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Big Technologies

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Does Big Technologies Boast High 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. Big Technologies insiders own about UK£95m worth of shares (which is 28% of the company). 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 Does This Data Suggest About Big Technologies Insiders?

It's certainly positive to see the recent insider purchases. On the other hand the transaction history, over the last year, isn't so positive. We don't take much heart from transactions by Big Technologies insiders over the last year. But they own a reasonable amount of the company, and there was some buying recently. Overall they seem reasonably aligned. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Big Technologies. Our analysis shows 2 warning signs for Big Technologies (1 is significant!) and we strongly recommend you look at these before investing.

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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.