Insiders Rewarded With €4.7m Addition To Investment As Intralot Integrated Lottery Systems and Services Stock Hits €238m \

Intralot S.A. Integrated Lottery Systems and Services (ATH:INLOT) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 10% resulting in a €22m addition to the company’s market value. As a result, their original purchase of €46m worth of stock is now worth €50m.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Intralot Integrated Lottery Systems and Services

The Last 12 Months Of Insider Transactions At Intralot Integrated Lottery Systems and Services

In the last twelve months, the biggest single purchase by an insider was when Executive Chairman & Group CEO Socratis Kokkalis bought €36m worth of shares at a price of €0.58 per share. That implies that an insider found the current price of €0.64 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. The good news for Intralot Integrated Lottery Systems and Services share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Socratis Kokkalis.

Socratis Kokkalis bought a total of 78.78m shares over the year at an average price of €0.58. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Intralot Integrated Lottery Systems and Services is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership Of Intralot Integrated Lottery Systems and Services

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Intralot Integrated Lottery Systems and Services insiders own about €84m worth of shares. That equates to 35% of the company. 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 Does This Data Suggest About Intralot Integrated Lottery Systems and Services Insiders?

There haven't been any insider transactions in the last three months -- that doesn't mean much. On a brighter note, the transactions over the last year are encouraging. Overall we don't see anything to make us think Intralot Integrated Lottery Systems and Services insiders are doubting the company, and they do own shares. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. When we did our research, we found 4 warning signs for Intralot Integrated Lottery Systems and Services (3 don't sit too well with us!) that we believe deserve your full attention.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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. 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.