When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in FleetPartners Group Limited's (ASX:FPR) instance, it's good news for shareholders.

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.

See our latest analysis for FleetPartners Group

The Last 12 Months Of Insider Transactions At FleetPartners Group

Over the last year, we can see that the biggest insider purchase was by Independent Non-Executive Director Russell Shields for AU$97k worth of shares, at about AU$1.95 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of AU$2.73. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

While FleetPartners Group insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

FleetPartners Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does FleetPartners Group Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Our data suggests FleetPartners Group insiders own 1.0% of the company, worth about AU$6.7m. We prefer to see high levels of insider ownership.

So What Do The FleetPartners Group Insider Transactions Indicate?

It doesn't really mean much that no insider has traded FleetPartners Group shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. We'd like to see bigger individual holdings. However, we don't see anything to make us think FleetPartners Group insiders are doubting the company. While we like knowing 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. Every company has risks, and we've spotted 2 warning signs for FleetPartners Group (of which 1 is concerning!) 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.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.