The CEO & Executive Director of Dalata Hotel Group plc (ISE:DHG), Patrick McCann, Just Bought 4.3% More Shares

Investors who take an interest in Dalata Hotel Group plc (ISE:DHG) should definitely note that the CEO & Executive Director, Patrick McCann, recently paid €4.45 per share to buy €255k worth of the stock. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 4.3%.

Check out our latest analysis for Dalata Hotel Group

The Last 12 Months Of Insider Transactions At Dalata Hotel Group

Over the last year, we can see that the biggest insider sale was by the Company Secretary and Head of Risk & Compliance, Seán McKeon, for €557k worth of shares, at about €6.96 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (€4.85). So it may not shed much light on insider confidence at current levels. The only individual insider seller over the last year was Seán McKeon.

In the last twelve months insiders purchased 116k shares for €549k. But insiders sold 80000 shares worth €557k. The chart below shows insider transactions (by individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

Insider Ownership of Dalata Hotel Group

For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Dalata Hotel Group insiders own 1.5% of the company, worth about €13m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Dalata Hotel Group Insider Transactions Indicate?

The recent insider purchases are heartening. On the other hand the transaction history, over the last year, isn't so positive. The more recent transactions are a positive, but Dalata Hotel Group insiders haven't shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. So they seem pretty well aligned, overall. Of course, the future is what matters most. So if you are interested in Dalata Hotel Group, you should check out this free report on analyst forecasts for the company.

Of course Dalata Hotel Group may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

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.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. 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. Simply Wall St has no position in the stocks mentioned. Thank you for reading.