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Goergios Peristeris Is The CEO, MD & Chairman of GEK TERNA Holdings, Real Estate, Construction S.A. (ATH:GEKTERNA) And Just Spent €355k On Shares
Investors who take an interest in GEK TERNA Holdings, Real Estate, Construction S.A. (ATH:GEKTERNA) should definitely note that the CEO, MD & Chairman, Goergios Peristeris, recently paid €7.88 per share to buy €355k worth of the stock. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.
See our latest analysis for GEK TERNA Holdings Real Estate Construction
The Last 12 Months Of Insider Transactions At GEK TERNA Holdings Real Estate Construction
Notably, that recent purchase by CEO, MD & Chairman Goergios Peristeris was not the only time they bought GEK TERNA Holdings Real Estate Construction shares this year. They previously made an even bigger purchase of €8.9m worth of shares at a price of €4.80 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of €8.28. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
Goergios Peristeris bought 1.90m shares over the last 12 months at an average price of €4.87. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
GEK TERNA Holdings Real Estate Construction is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insider Ownership
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. GEK TERNA Holdings Real Estate Construction insiders own 17% of the company, currently worth about €134m 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.
What Might The Insider Transactions At GEK TERNA Holdings Real Estate Construction Tell Us?
It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about GEK TERNA Holdings Real Estate Construction. One for the watchlist, at least! 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. Case in point: We've spotted 1 warning sign for GEK TERNA Holdings Real Estate Construction you should be aware of.
But note: GEK TERNA Holdings Real Estate Construction 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, but not derivative transactions.
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This article by Simply Wall St is general in nature. 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.
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About ATSE:GEKTERNA
Gek Terna
Engages in the construction, energy, industry, real estate, and concession businesses in Greece, the Balkans, the Middle East, Eastern Europe, the United States, and internationally.
Adequate balance sheet and fair value.