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When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Advanced Medical Solutions Group plc's (LON:AMS) instance, it's good news for shareholders.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
Check out our latest analysis for Advanced Medical Solutions Group
The Last 12 Months Of Insider Transactions At Advanced Medical Solutions Group
In the last twelve months, the biggest single purchase by an insider was when CEO & Executive Director Andrew Meredith bought UK£79k worth of shares at a price of UK£1.96 per share. That implies that an insider found the current price of UK£2.09 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. 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. The good news for Advanced Medical Solutions Group share holders is that insiders were buying at near the current price. We note that Andrew Meredith was both the biggest buyer and the biggest seller.
Over the last year, we can see that insiders have bought 90.85k shares worth UK£176k. On the other hand they divested 40.50k shares, for UK£79k. Overall, Advanced Medical Solutions Group insiders were net buyers during the last year. 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 plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.
Does Advanced Medical Solutions Group Boast High Insider Ownership?
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Insiders own 1.0% of Advanced Medical Solutions Group shares, worth about UK£4.4m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
So What Do The Advanced Medical Solutions Group Insider Transactions Indicate?
There haven't been any insider transactions in the last three months -- that doesn't mean much. 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 Advanced Medical Solutions Group insiders are doubting the company. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 2 warning signs for Advanced Medical Solutions Group and we suggest you have a look.