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Potential accesso Technology Group plc (LON:ACSO) shareholders may wish to note that the CEO & Director, Steven Brown, recently bought UK£75k worth of stock, paying UK£5.75 for each share. Although the purchase only increased their holding by 2.0%, it is still a solid purchase in our view.
Check out our latest analysis for accesso Technology Group
accesso Technology Group Insider Transactions Over The Last Year
The insider David Gammon made the biggest insider purchase in the last 12 months. That single transaction was for UK£112k worth of shares at a price of UK£2.90 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£5.85. 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.
accesso Technology Group insiders may have bought shares in the last year, but they didn't sell any. They paid about UK£3.42 on average. To my mind it is good that insiders have invested their own money in the company. However, we do note that they were buying at significantly lower prices than today's share price. 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!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insider Ownership
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. 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 5.1% of accesso Technology Group shares, worth about UK£12m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
So What Do The accesso Technology Group Insider Transactions Indicate?
It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. But we don't feel the same about the fact the company is making losses. Given that insiders also own a fair bit of accesso Technology Group we think they are probably pretty confident of a bright future. 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. At Simply Wall St, we've found that accesso Technology Group has 2 warning signs (1 makes us a bit uncomfortable!) that deserve your attention before going any further with your analysis.