- United States
- /
- IT
- /
- NasdaqGM:III
Vice Chairman & President of ISG Americas and Asia Pacific of Information Services Group Picks Up 2.4% More Stock
Even if it's not a huge purchase, we think it was good to see that Todd Lavieri, the Vice Chairman & President of ISG Americas and Asia Pacific of Information Services Group, Inc. (NASDAQ:III) recently shelled out US$50k to buy stock, at US$3.15 per share. However, it only increased their shares held by 2.4%, and it wasn't a huge purchase by absolute value, either.
View our latest analysis for Information Services Group
The Last 12 Months Of Insider Transactions At Information Services Group
Notably, that recent purchase by Vice Chairman & President of ISG Americas and Asia Pacific Todd Lavieri was not the only time they traded Information Services Group shares this year. Earlier in the year, they sold shares at a price ofUS$5.25 per share in a -US$172k transaction. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$3.17. So it may not tell us anything about how insiders feel about the current share price.
Todd Lavieri divested 75.00k shares over the last 12 months at an average price of US$5.10. 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!
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
Insider Ownership Of Information Services Group
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Information Services Group insiders own 16% of the company, worth about US$24m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
What Might The Insider Transactions At Information Services Group Tell Us?
It's certainly positive to see the recent insider purchase. On the other hand the transaction history, over the last year, isn't so positive. The more recent transactions are a positive, but Information Services Group insiders haven't shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. Overall they seem reasonably aligned. 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. Case in point: We've spotted 2 warning signs for Information Services Group you should be aware of, and 1 of them doesn't sit too well with us.
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.
New: AI Stock Screener & Alerts
Our new AI Stock Screener scans the market every day to uncover opportunities.
• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies
Or build your own from over 50 metrics.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About NasdaqGM:III
Information Services Group
Operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific.
Undervalued with adequate balance sheet.