Yahoo Finance Team17 Group Insiders Placed Bullish Bets Worth UK£489.8k
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Team17 Group plc's (LON:TM17) instance, it's good news for shareholders.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
View our latest analysis for Team17 Group
The Last 12 Months Of Insider Transactions At Team17 Group
In the last twelve months, the biggest single purchase by an insider was when Non-Executive Chair Frank Sagnier bought UK£205k worth of shares at a price of UK£1.90 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£2.68. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
In the last twelve months Team17 Group insiders were buying shares, but not selling. 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!
Team17 Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Team17 Group insiders own 21% of the company, worth about UK£82m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
So What Do The Team17 Group Insider Transactions Indicate?
It doesn't really mean much that no insider has traded Team17 Group shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. Insiders do have a stake in Team17 Group and their transactions don't cause us concern. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Team17 Group.
Of course Team17 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 of direct interests only, but not derivative transactions or indirect interests.
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.
