This BFF Bank Insider Reduced Their Stake By 38%

Looking at BFF Bank S.p.A.'s (BIT:BFF ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for BFF Bank

The Last 12 Months Of Insider Transactions At BFF Bank

Over the last year, we can see that the biggest insider purchase was by CEO & Executive Director Massimiliano Belingheri for €498k worth of shares, at about €7.77 per share. Even though the purchase was made at a significantly lower price than the recent price (€9.31), we still think insider buying is a positive. 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.

Michele Antognoli ditched 82.22k shares over the year. The average price per share was €9.42. 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!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insiders At BFF Bank Have Bought Stock Recently

There has been significantly more insider buying, than selling, at BFF Bank, over the last three months. In total, CEO & Executive Director Massimiliano Belingheri bought €498k worth of shares in that time. But we did see insider Michele Antognoli sell shares worth €391k. We think insiders may be optimistic about the future, since insiders have been net buyers of shares.

Insider Ownership Of BFF Bank

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. BFF Bank insiders own about €87m 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 BFF Bank Tell Us?

It is good to see the recent insider purchase. However, the longer term transactions are not so encouraging. We don't take much heart from transactions by BFF Bank insiders over the last year. But they own a reasonable amount of the company, and there was some buying recently. In short they are likely aligned with shareholders. 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. At Simply Wall St, we've found that BFF Bank has 3 warning signs (2 can't be ignored!) that deserve your attention before going any further with your analysis.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com