Yahoo Finance Multiple insiders bought Teaminvest Private Group Limited (ASX:TIP) stock earlier this year, a positive sign for shareholders
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 Teaminvest Private Group Limited (ASX:TIP), it sends a favourable message to the company's shareholders.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
View our latest analysis for Teaminvest Private Group
The Last 12 Months Of Insider Transactions At Teaminvest Private Group
The Non-Executive Director Howard Coleman made the biggest insider purchase in the last 12 months. That single transaction was for AU$98k worth of shares at a price of AU$0.65 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being AU$0.65). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
In the last twelve months Teaminvest Private Group insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Teaminvest Private Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insiders at Teaminvest Private Group Have Bought Stock Recently
There was some insider buying at Teaminvest Private Group over the last quarter. Insiders shelled out AU$63k for shares in that time. It's great to see that insiders are only buying, not selling. But in this case the amount purchased means the recent transaction may not be very meaningful on its own.
Insider Ownership
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Teaminvest Private Group insiders own about AU$24m worth of shares. That equates to 28% of the company. 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 Teaminvest Private Group Insiders?
The recent insider purchases are heartening. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Teaminvest Private Group insiders are well aligned, and that they may think the share price is too low. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Teaminvest Private Group. Every company has risks, and we've spotted 3 warning signs for Teaminvest Private Group you should know about.
Of course Teaminvest Private Group may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
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.
This article by Simply Wall St is general in nature. 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.
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