In This Article:
Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Conduit Holdings Limited (LON:CRE), it sends a favourable message to the company's shareholders.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Conduit Holdings
Conduit Holdings Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by Executive Director & CFO Elaine Whelan for UK£197k worth of shares, at about UK£4.75 per share. So it's clear an insider wanted to buy, at around the current price, which is UK£5.05. 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. 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. In this case we're pleased to report that the insider purchases were made at close to current prices.
In the last twelve months insiders purchased 182.43k shares for UK£910k. On the other hand they divested 15.60k shares, for UK£80k. Overall, Conduit Holdings insiders were net buyers during the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
Conduit Holdings is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Conduit Holdings Insiders Bought Stock Recently
It's good to see that Conduit Holdings insiders have made notable investments in the company's shares. In total, insiders bought UK£421k worth of shares in that time, and we didn't record any sales whatsoever. This could be interpreted as suggesting a positive outlook.
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. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Conduit Holdings insiders own 1.3% of the company, worth about UK£11m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.