Chairman of the Management Board & CEO of AMG Critical Materials Heinz Schimmelbusch Buys 3.8% More Shares

AMG Critical Materials N.V. (AMS:AMG) shareholders (or potential shareholders) will be happy to see that the Chairman of the Management Board & CEO, Heinz Schimmelbusch, recently bought a whopping €935k worth of stock, at a price of €20.54. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 3.8%.

View our latest analysis for AMG Critical Materials

AMG Critical Materials Insider Transactions Over The Last Year

Notably, that recent purchase by Heinz Schimmelbusch is the biggest insider purchase of AMG Critical Materials shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of €20.14. 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 generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

AMG Critical Materials insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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

Insider Ownership Of AMG Critical Materials

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. AMG Critical Materials insiders own about €37m worth of shares. That equates to 5.8% 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.

So What Does This Data Suggest About AMG Critical Materials Insiders?

It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in AMG Critical Materials shares, given these transactions (along with notable insider ownership of the company). 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. For example - AMG Critical Materials has 3 warning signs we think you should be aware of.

Of course AMG Critical Materials 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.