The Group CEO & Executive Director of Standard Bank Group Limited (JSE:SBK), Simpiwe Tshabalala, Just Bought 12% More Shares

Investors who take an interest in Standard Bank Group Limited (JSE:SBK) should definitely note that the Group CEO & Executive Director, Simpiwe Tshabalala, recently paid R146 per share to buy R8.3m worth of the stock. That's a very solid buy in our book, and increased their holding by a noteworthy 12%.

However if you'd rather see where the opportunities and risks are within SBK's industry, you can check out our analysis on the ZA Banks industry.

Standard Bank Group Insider Transactions Over The Last Year

In fact, the recent purchase by Group CEO & Executive Director Simpiwe Tshabalala was not their only trade of Standard Bank Group shares this year. They previously made a sale of -R9.4m worth of shares at a price of R143 per share. So it's clear an insider wanted to take some cash off the table, even below the current price of R146. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. This single sale was just 12% of Simpiwe Tshabalala's stake.

Over the last year, we can see that insiders have bought 63.88k shares worth R9.3m. But insiders sold 174.42k shares worth R28m. Over the last year we saw more insider selling of Standard Bank Group shares, than buying. 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!

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Our data indicates that Standard Bank Group insiders own about R159m worth of shares (which is 0.07% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

So What Does This Data Suggest About Standard Bank Group Insiders?

It is good to see the recent insider purchase. But we can't say the same for the transactions over the last 12 months. The recent buying by an insider , along with high insider ownership, suggest that Standard Bank Group insiders are fairly aligned, and optimistic. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Standard Bank Group. Every company has risks, and we've spotted 2 warning signs for Standard Bank Group you should know about.

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, but not derivative transactions.

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.