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Insiders who bought Naked Wines plc (LON:WINE) stock in the last 12 months were richly rewarded last week. The company's market value increased by UK£5.6m as a result of the stock's 13% gain over the same period. Put another way, the original UK£317.6k acquisition is now worth UK£457.0k.
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.
Check out our latest analysis for Naked Wines
Naked Wines Insider Transactions Over The Last Year
The Independent Director Jack Pailing made the biggest insider purchase in the last 12 months. That single transaction was for UK£62k worth of shares at a price of UK£0.43 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£0.65. 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.
Naked Wines 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. 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 Of Naked Wines
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, Naked Wines insiders have about 3.8% of the stock, worth approximately UK£1.8m. We consider this fairly low insider ownership.
So What Does This Data Suggest About Naked Wines Insiders?
The fact that there have been no Naked Wines insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. We'd like to see bigger individual holdings. However, we don't see anything to make us think Naked Wines insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Naked Wines. You'd be interested to know, that we found 2 warning signs for Naked Wines and we suggest you have a look.
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.