Insider Buys Additional €586k In FL Entertainment Stock \

FL Entertainment N.V. (AMS:FLE) shareholders (or potential shareholders) will be happy to see that the Non Executive Chairman, Stephane Courbit, recently bought a whopping €586k worth of stock, at a price of €10.18. While that only increased their holding size by 0.1%, it is still a big swing by our standards.

See our latest analysis for FL Entertainment

The Last 12 Months Of Insider Transactions At FL Entertainment

Notably, that recent purchase by Stephane Courbit is the biggest insider purchase of FL Entertainment shares that we've seen in the last year. So it's clear an insider wanted to buy, even at a higher price than the current share price (being €9.70). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. The only individual insider to buy over the last year was Stephane Courbit.

Stephane Courbit bought a total of 149.67k shares over the year at an average price of €9.66. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

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. FL Entertainment insiders own 10% of the company, currently worth about €412m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About FL Entertainment Insiders?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about FL Entertainment. One for the watchlist, at least! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing FL Entertainment. Every company has risks, and we've spotted 2 warning signs for FL Entertainment (of which 1 is significant!) you should know about.

But note: FL Entertainment may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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, but not derivative transactions.

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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.