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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 Vistry Group PLC (LON:VTY), it sends a favourable message to the company's shareholders.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
Check out our latest analysis for Vistry Group
Vistry Group Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by CEO & Executive Chairman Gregory Fitzgerald for UK£274k worth of shares, at about UK£11.81 per share. That means that an insider was happy to buy shares at above the current price of UK£8.95. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.
While Vistry Group insiders bought shares during the last year, they didn't sell. They paid about UK£10.36 on average. These transactions suggest that insiders have considered the current price attractive. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
Vistry Group is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Vistry Group Insiders Bought Stock Recently
It's good to see that Vistry Group insiders have made notable investments in the company's shares. In total, insiders bought UK£311k worth of shares in that time, and we didn't record any sales whatsoever. This could be interpreted as suggesting a positive outlook.
Insider Ownership Of Vistry 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. A high insider ownership often makes company leadership more mindful of shareholder interests. Vistry Group insiders own about UK£8.7m worth of shares. That equates to 0.3% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.