The Executive VP & CFO of Information Services Group, Inc. (NASDAQ:III), Humberto Alfonso, Just Bought 5.7% More Shares

By
Simply Wall St
Published
November 18, 2021
NasdaqGM:III
Source: Shutterstock

Investors who take an interest in Information Services Group, Inc. (NASDAQ:III) should definitely note that the Executive VP & CFO, Humberto Alfonso, recently paid US$9.13 per share to buy US$100k worth of the stock. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 5.7%.

Check out our latest analysis for Information Services Group

Information Services Group Insider Transactions Over The Last Year

In fact, the recent purchase by Humberto Alfonso was the biggest purchase of Information Services Group shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of US$9.33 per share to be enticing. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the Information Services Group insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Humberto Alfonso.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

insider-trading-volume
NasdaqGM:III Insider Trading Volume November 19th 2021

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).

Does Information Services Group Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 16% of Information Services Group shares, worth about US$74m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Information Services Group Tell Us?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of Information Services Group we think they are probably pretty confident of a bright future. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To assist with this, we've discovered 5 warning signs that you should run your eye over to get a better picture of Information Services Group.

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, but not derivative transactions.

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