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Investors who take an interest in Hill & Smith PLC (LON:HILS) should definitely note that the CEO & Member of Executive Board, Rutger Helbing, recently paid UK£20.39 per share to buy UK£204k worth of the stock. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.
View our latest analysis for Hill & Smith
The Last 12 Months Of Insider Transactions At Hill & Smith
Notably, that recent purchase by Rutger Helbing is the biggest insider purchase of Hill & Smith shares that we've seen in the last year. That implies that an insider found the current price of UK£20.75 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. 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.
While Hill & Smith insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
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
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data suggests Hill & Smith insiders own 0.1% of the company, worth about UK£2.2m. We consider this fairly low insider ownership.
What Might The Insider Transactions At Hill & Smith Tell Us?
It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Hill & Smith stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Hill & Smith. While conducting our analysis, we found that Hill & Smith has 1 warning sign and it would be unwise to ignore this.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.