Whilst it may not be a huge deal, we thought it was good to see that the Eurocell plc( LON:ECEL ) CEO & Executive Director, William Truman, recently bought UK£68k worth of stock, for UK£1.06 per share. While that isn't the hugest buy, it actually boosted their shareholding by 172%, which is good to see.
Eurocell Insider Transactions Over The Last Year
In fact, the recent purchase by William Truman was the biggest purchase of Eurocell shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£1.06). 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 Eurocell 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. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Check out our latest analysis for Eurocell
There are plenty of other companies that have insiders buying up shares. You probably do notwant to miss this free list of undervalued small cap companies that insiders are buying.
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. A high insider ownership often makes company leadership more mindful of shareholder interests. Based on our data, Eurocell insiders have about 1.0% of the stock, worth approximately UK£1.0m. We consider this fairly low insider ownership.
So What Do The Eurocell Insider Transactions Indicate?
It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Eurocell stock. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Eurocell. While conducting our analysis, we found that Eurocell has 1 warning sign and it would be unwise to ignore it.
But note: Eurocell 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 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.
