It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in UP Global Sourcing Holdings plc's (LON:UPGS) case, it's fantastic news for shareholders.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for UP Global Sourcing Holdings

UP Global Sourcing Holdings Insider Transactions Over The Last Year

The Company Secretary & Executive Director Graham Screawn made the biggest insider purchase in the last 12 months. That single transaction was for UK£294k worth of shares at a price of UK£1.96 each. That means that even when the share price was higher than UK£1.07 (the recent price), an insider wanted to purchase shares. 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 insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Notably Graham Screawn was also the biggest seller.

In the last twelve months insiders purchased 281.35k shares for UK£468k. But they sold 125.80k shares for UK£163k. Overall, UP Global Sourcing Holdings insiders were net buyers during the last year. Their average price was about UK£1.66. These transactions suggest that insiders have considered the current price attractive. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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).

Are UP Global Sourcing Holdings Insiders Buying Or Selling?

In the last three months, insiders sold UK£163k. However that only slightly eclipses the UK£163k worth of purchases. Ultimately the overall selling isn't enough to tell us much.

Does UP Global Sourcing Holdings Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. UP Global Sourcing Holdings insiders own 43% of the company, currently worth about UK£40m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.