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Insiders were net buyers of Time Out Group plc's (LON:TMO ) stock during the past year. That is, insiders bought more stock than they sold.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
View our latest analysis for Time Out Group
Time Out Group Insider Transactions Over The Last Year
The Non-Executive Director David Till made the biggest insider purchase in the last 12 months. That single transaction was for UK£91k worth of shares at a price of UK£0.54 each. That implies that an insider found the current price of UK£0.55 per share to be enticing. 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. 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. The good news for Time Out Group share holders is that an insider was buying at near the current price. David Till was the only individual insider to buy during the last year.
The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
Time Out Group is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership Of Time Out Group
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 3.8% of Time Out Group shares, worth about UK£7.2m, according to our data. We do generally prefer see higher levels of insider ownership.
So What Do The Time Out Group Insider Transactions Indicate?
The fact that there have been no Time Out Group insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. The transactions are fine but it'd be more encouraging if Time Out Group insiders bought more shares in the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 1 warning sign for Time Out Group that deserve your attention before buying any shares.