Thruvision Group Insiders Recover Some Losses, Which Stand At UK£59k

Insiders who bought UK£198.8k worth of Thruvision Group plc (LON:THRU) stock in the last year recovered part of their losses as the stock rose by 21% last week. However, the purchase is proving to be an expensive wager as insiders are yet to get ahead of their losses which currently stand at UK£59k since the time of purchase.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

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The Last 12 Months Of Insider Transactions At Thruvision Group

The insider Paul Hart made the biggest insider purchase in the last 12 months. That single transaction was for UK£50k worth of shares at a price of UK£0.022 each. That means that an insider was happy to buy shares at above the current price of UK£0.013. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

Over the last year, we can see that insiders have bought 10.77m shares worth UK£199k. But insiders sold 3.27m shares worth UK£57k. In the last twelve months there was more buying than selling by Thruvision Group insiders. Their average price was about UK£0.018. This is nice to see since it implies that insiders might see value around current prices. 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!

Check out our latest analysis for Thruvision Group

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Thruvision Group Insiders Bought Stock Recently

Over the last three months, we've seen significantly more insider buying, than insider selling, at Thruvision Group. In total, two insiders bought UK£97k worth of shares in that time. But we did see insider Peter Delforno sell shares worth UK£45k. Insiders have spent more buying shares than they have selling, so on balance we think they are are probably optimistic.

Insider Ownership Of Thruvision Group

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. Insiders own 18% of Thruvision Group shares, worth about UK£393k. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Thruvision Group Insider Transactions Indicate?

The recent insider purchases are heartening. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. When combined with notable insider ownership, these factors suggest Thruvision Group insiders are well aligned, and that they may think the share price is too low. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Thruvision Group. Our analysis shows 4 warning signs for Thruvision Group (2 can't be ignored!) 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.