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Even if it's not a huge purchase, we think it was good to see that Brian Raven, the CEO & Executive Director of Tavistock Investments Plc (LON:TAVI) recently shelled out UK£43k to buy stock, at UK£0.037 per share. Although the purchase is not a big one, increasing their shareholding by only 1.6%, it can be interpreted as a good sign.
Check out our latest analysis for Tavistock Investments
Tavistock Investments Insider Transactions Over The Last Year
Notably, that recent purchase by Brian Raven is the biggest insider purchase of Tavistock Investments shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of UK£0.037. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Tavistock Investments share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Brian Raven.
Brian Raven purchased 1.97m shares over the year. The average price per share was UK£0.037. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insider Ownership Of Tavistock Investments
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. Tavistock Investments insiders own 45% of the company, currently worth about UK£7.7m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About Tavistock Investments Insiders?
Our data shows a little insider buying, but no selling, in the last three months. That said, the purchases were not large. But insiders have shown more of an appetite for the stock, over the last year. It would be great to see more insider buying, but overall it seems like Tavistock Investments insiders are reasonably well aligned (owning significant chunk of the company's shares) and optimistic for the future. While it's good to be aware of 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. Every company has risks, and we've spotted 3 warning signs for Tavistock Investments (of which 2 are potentially serious!) you should know about.