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Whilst it may not be a huge deal, we thought it was good to see that the Tavistock Investments Plc (LON:TAVI) CEO & Executive Director, Brian Raven, recently bought UK£50k worth of stock, for UK£0.037 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.
The Last 12 Months Of Insider Transactions At Tavistock Investments
Notably, that recent purchase by Brian Raven is the biggest insider purchase of Tavistock Investments shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is UK£0.037. 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. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. In this case we're pleased to report that the insider purchases were made at close to current prices.
While Tavistock Investments insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
See our latest analysis for Tavistock Investments
Tavistock Investments is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Does Tavistock Investments Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Tavistock Investments insiders own 45% of the company, currently worth about UK£7.5m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
So What Does This Data Suggest About Tavistock Investments Insiders?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Tavistock Investments. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Tavistock Investments. To that end, you should learn about the 2 warning signs we've spotted with Tavistock Investments (including 1 which is significant) .