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Even if it's not a huge purchase, we think it was good to see that Jeffrey Bell, the Executive VP & CFO of SNC-Lavalin Group Inc. (TSE:SNC) recently shelled out CA$53k to buy stock, at CA$26.40 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.
See our latest analysis for SNC-Lavalin Group
The Last 12 Months Of Insider Transactions At SNC-Lavalin Group
Over the last year, we can see that the biggest insider purchase was by Independent Director Michael Pedersen for CA$483k worth of shares, at about CA$19.37 per share. Even though the purchase was made at a significantly lower price than the recent price (CA$27.36), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
SNC-Lavalin Group insiders may have bought shares in the last year, but they didn't sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
SNC-Lavalin Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Does SNC-Lavalin Group Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Based on our data, SNC-Lavalin Group insiders have about 0.1% of the stock, worth approximately CA$5.1m. I generally like to see higher levels of ownership.
What Might The Insider Transactions At SNC-Lavalin Group Tell Us?
It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that SNC-Lavalin Group insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing SNC-Lavalin Group. Every company has risks, and we've spotted 1 warning sign for SNC-Lavalin Group you should know about.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.