Theodore Fessas Is The Executive Chairman & President of Quest Holdings S.A. (ATH:QUEST) And Just Spent €171k On Shares

Potential Quest Holdings S.A. (ATH:QUEST) shareholders may wish to note that the Executive Chairman & President, Theodore Fessas, recently bought €171k worth of stock, paying €10.35 for each 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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Quest Holdings Insider Transactions Over The Last Year

In fact, the recent purchase by Executive Chairman & President Theodore Fessas was not their only acquisition of Quest Holdings shares this year. They previously made an even bigger purchase of €175k worth of shares at a price of €7.57 per share. We do like to see buying, but this purchase was made at well below the current price of €10.30. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

Theodore Fessas purchased 93.55k shares over the year. The average price per share was €6.93. 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!

Quest Holdings 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

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Quest Holdings insiders own about €277m worth of shares (which is 76% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Quest Holdings Insiders?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. But we don't feel the same about the fact the company is making losses. When combined with notable insider ownership, these factors suggest Quest Holdings insiders are well aligned, and quite possibly think the share price is too low. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Quest Holdings. Every company has risks, and we've spotted 1 warning sign for Quest Holdings you should know about.

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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