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Viewing insider transactions for Watkin Jones Plc's (LON:WJG ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
View our latest analysis for Watkin Jones
The Last 12 Months Of Insider Transactions At Watkin Jones
Over the last year, we can see that the biggest insider purchase was by Independent Non-Executive Chairman Alan Clifford Giddins for UK£51k worth of shares, at about UK£0.32 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£0.20). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Alan Clifford Giddins was the only individual insider to buy 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 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 Watkin Jones
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. From what we can see in our data, insiders own only about UK£380k worth of Watkin Jones shares. However, it's possible that insiders might have an indirect interest through a more complex structure. This level of insider ownership is notably low, and not very encouraging.
So What Do The Watkin Jones Insider Transactions Indicate?
It doesn't really mean much that no insider has traded Watkin Jones shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Watkin Jones stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Watkin Jones. Every company has risks, and we've spotted 1 warning sign for Watkin Jones you should know about.