This EL.En Insider Increased Their Holding In The Last Year

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

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.

View our latest analysis for EL.En

EL.En Insider Transactions Over The Last Year

The Non-Executive Director Alberto Pecci made the biggest insider purchase in the last 12 months. That single transaction was for €261k worth of shares at a price of €8.68 each. We do like to see buying, but this purchase was made at well below the current price of €12.23. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Alberto Pecci purchased 60.60k shares over the year. The average price per share was €8.50. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

EL.En is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does EL.En Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. EL.En insiders own about €339m worth of shares (which is 35% 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 Do The EL.En Insider Transactions Indicate?

It doesn't really mean much that no insider has traded EL.En shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. With high insider ownership and encouraging transactions, it seems like EL.En insiders think the business has merit. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing EL.En. At Simply Wall St, we found 1 warning sign for EL.En that deserve your attention before buying any shares.

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.