Yahoo Finance Avon Protection Insiders Placed Bullish Bets Worth US$913.8k
Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Avon Protection plc (LON:AVON), that sends out a positive 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.
See our latest analysis for Avon Protection
The Last 12 Months Of Insider Transactions At Avon Protection
Over the last year, we can see that the biggest insider purchase was by CEO & Director Mark Sclater for UK£212k worth of shares, at about UK£7.00 per share. Even though the purchase was made at a significantly lower price than the recent price (UK£11.96), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
While Avon Protection insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
Avon Protection is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Have Avon Protection Insiders Traded Recently?
Independent Non-Executive Director Victor Chavez bought just UK£236 worth of shares in that time. That's not much at all. So it is hard to draw any conclusion about how insiders are feeling about the stock, from these recent trades.
Does Avon Protection Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. From looking at our data, insiders own UK£2.3m worth of Avon Protection stock, about 0.7% of the company. We prefer to see high levels of insider ownership.
So What Does This Data Suggest About Avon Protection Insiders?
Insider purchases may have been minimal, in the last three months, but there was no selling at all. Overall the buying isn't worth writing home about. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if Avon Protection insiders bought more shares in the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Case in point: We've spotted 1 warning sign for Avon Protection you should be aware of.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
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.
