Australia markets open in 9 hours 30 minutes
  • ALL ORDS

    7,391.00
    +87.70 (+1.20%)
     
  • AUD/USD

    0.7037
    -0.0012 (-0.17%)
     
  • ASX 200

    7,145.60
    +81.10 (+1.15%)
     
  • OIL

    110.35
    +0.46 (+0.42%)
     
  • GOLD

    1,845.10
    +3.90 (+0.21%)
     
  • BTC-AUD

    42,641.48
    +766.83 (+1.83%)
     
  • CMC Crypto 200

    650.34
    -23.03 (-3.42%)
     

The GEO Group, Inc. (NYSE:GEO) insider upped their holding by 5.7% earlier this year

  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

From what we can see, insiders were net buyers in The GEO Group, Inc.'s (NYSE:GEO ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for GEO Group

GEO Group Insider Transactions Over The Last Year

In the last twelve months, the biggest single purchase by an insider was when Founder & Executive Chairman of the Board George Zoley bought US$1.1m worth of shares at a price of US$6.75 per share. Even though the purchase was made at a significantly lower price than the recent price (US$7.75), 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.

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!

insider-trading-volume
insider-trading-volume

GEO Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership of GEO Group

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that GEO Group insiders own 3.1% of the company, worth about US$29m. 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 Does This Data Suggest About GEO Group Insiders?

The fact that there have been no GEO Group insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. Insiders do have a stake in GEO Group and their transactions don't cause us concern. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing GEO Group. Every company has risks, and we've spotted 1 warning sign for GEO Group you should know about.

But note: GEO Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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, but not derivative transactions.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting