Giancarlo Dallera Bought 32% More Shares In Brembo

Investors who take an interest in Brembo N.V. (BIT:BRE) should definitely note that the Non-Executive Independent Director, Giancarlo Dallera, recently paid €6.77 per share to buy €305k worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 32%.

We've discovered 1 warning sign about Brembo. View them for free.

Brembo Insider Transactions Over The Last Year

In fact, the recent purchase by Non-Executive Independent Director Giancarlo Dallera was not their only acquisition of Brembo shares this year. Earlier in the year, they paid €8.70 per share in a €500k purchase. That means that even when the share price was higher than €7.34 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Giancarlo Dallera was the only individual insider to buy shares in the last twelve months.

Giancarlo Dallera purchased 102.50k shares over the year. The average price per share was €7.85. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for Brembo

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Brembo Boast High 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. We usually like to see fairly high levels of insider ownership. From looking at our data, insiders own €1.4m worth of Brembo stock, about 0.06% of the company. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. I generally like to see higher levels of ownership.

So What Does This Data Suggest About Brembo Insiders?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Brembo insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Brembo. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Brembo.

Of course Brembo 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 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.