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Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Mobico Group Plc (LON:MCG), it sends a favourable message to the company's shareholders.
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.
Check out our latest analysis for Mobico Group
Mobico Group Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by Group General Counsel & Company Secretary Simon Callander for UK£50k worth of shares, at about UK£0.53 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£0.63. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
In the last twelve months Mobico Group insiders were buying shares, but not selling. 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 Mobico Group
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Our information indicates that Mobico Group insiders own about UK£543k worth of shares. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We might be missing something but that seems like very low insider ownership.
So What Does This Data Suggest About Mobico Group Insiders?
There haven't been any insider transactions in the last three months -- that doesn't mean much. However, our analysis of transactions over the last year is heartening. The transactions are fine but it'd be more encouraging if Mobico Group insiders bought more shares in the company. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Mobico Group.
Of course Mobico Group may not be the best stock to buy. So you may wish to see this free collection of high quality companies.