Senior Independent Director of Uniphar Paul Hogan Buys 50% More Shares

Investors who take an interest in Uniphar plc (ISE:UPR) should definitely note that the Senior Independent Director, Paul Hogan, recently paid €2.30 per share to buy €115k worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 50%.

View our latest analysis for Uniphar

Uniphar Insider Transactions Over The Last Year

The CEO & Executive Director, Gerard Rabbette, made the biggest insider sale in the last 12 months. That single transaction was for €921k worth of shares at a price of €3.20 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is €2.17. So it is hard to draw any strong conclusion from it. Gerard Rabbette was the only individual insider to sell shares in the last twelve months.

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!

I will like Uniphar better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Does Uniphar Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Uniphar insiders own about €29m worth of shares. That equates to 5.0% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Uniphar Tell Us?

It is good to see the recent insider purchase. But we can't say the same for the transactions over the last 12 months. While recent transactions indicate confidence in Uniphar, insiders don't own enough of the company to overcome our cautiousness about the longer term transactions. Overall they seem reasonably aligned. 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. Every company has risks, and we've spotted 2 warning signs for Uniphar 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 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.