Whilst it may not be a huge deal, we thought it was good to see that the LoopUp Group plc (LON:LOOP) Co-Founder, Thomas Hughes, recently bought UK£75k worth of stock, for UK£0.56 per share. However, we do note that it only increased their holding by 5.4%, and it wasn't a huge purchase by absolute value, either.
Check out our latest analysis for LoopUp Group
The Last 12 Months Of Insider Transactions At LoopUp Group
Over the last year, we can see that the biggest insider sale was by the insider, Andrew Scott, for UK£4.5m worth of shares, at about UK£3.50 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (UK£0.56). So it may not tell us anything about how insiders feel about the current share price. Andrew Scott was the only individual insider to sell over the last year.
Over the last year, we can see that insiders have bought 310914 shares worth UK£235k. But they sold 1288917 for UK£4.5m. The chart below shows insider transactions (by individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).
Insider Ownership of LoopUp Group
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. From our data, it seems that LoopUp Group insiders own 9.2% of the company, worth about UK£2.8m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We do generally prefer see higher levels of insider ownership.
So What Do The LoopUp Group Insider Transactions Indicate?
The recent insider purchases are heartening. But we can't say the same for the transactions over the last 12 months. The transactions over the last year don't give us confidence, and nor does the fairly low insider ownership, but at least the recent buying is a positive. Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for LoopUp Group.
But note: LoopUp Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.