Insider Stock Buying Reaches US$698.2k On Expro Group Holdings

Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Expro Group Holdings N.V. (NYSE:XPRO), it sends a favourable message to the company's shareholders.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Expro Group Holdings

Expro Group Holdings Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by President Michael Jardon for US$493k worth of shares, at about US$10.91 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$13.35. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Happily, we note that in the last year insiders paid US$698k for 63.20k shares. But insiders sold 17.50k shares worth US$369k. In total, Expro Group Holdings insiders bought more than they sold over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Expro Group Holdings is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insiders At Expro Group Holdings Have Bought Stock Recently

Over the last three months, we've seen significant insider buying at Expro Group Holdings. Not only was there no selling that we can see, but they collectively bought US$698k worth of shares. This could be interpreted as suggesting a positive outlook.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 0.4% of Expro Group Holdings shares, worth about US$6.2m, according to our data. Whilst better than nothing, we're not overly impressed by these holdings.

So What Do The Expro Group Holdings Insider Transactions Indicate?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Expro Group Holdings insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Expro Group Holdings. At Simply Wall St, we found 2 warning signs for Expro Group Holdings that deserve your attention before buying any shares.

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.