Great news for The Ince Group plc (LON:INCE): Insiders acquired stock in large numbers last year

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 The Ince Group plc (LON:INCE), it sends a favourable message to the company's 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.

View our latest analysis for Ince Group

Ince Group Insider Transactions Over The Last Year

The insider Emily Cox made the biggest insider purchase in the last 12 months. That single transaction was for UK£97k worth of shares at a price of UK£0.49 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£0.15). 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. To us, it's very important to consider the price insiders pay for shares. 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.

Ince Group insiders may have bought shares in the last year, but they didn't sell any. They paid about UK£0.36 on average. This is nice to see since it implies that insiders might see value around current prices. 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!

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AIM:INCE Insider Trading Volume July 10th 2022

Ince Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does Ince Group Boast High 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. Insiders own 28% of Ince Group shares, worth about UK£3.5m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Ince Group Insider Transactions Indicate?

There haven't been any insider transactions in the last three months -- that doesn't mean much. On a brighter note, the transactions over the last year are encouraging. Insiders do have a stake in Ince Group and their transactions don't cause us concern. While we like knowing 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 7 warning signs for Ince Group you should know about.