Stefanutti Stocks Holdings Insiders Added R8.73m Of Stock To Their Holdings
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Stefanutti Stocks Holdings Limited's (JSE:SSK) instance, it's good news for shareholders.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
The Last 12 Months Of Insider Transactions At Stefanutti Stocks Holdings
Over the last year, we can see that the biggest insider purchase was by CEO & Executive Director Russell Crawford for R4.8m worth of shares, at about R6.45 per share. That means that an insider was happy to buy shares at above the current price of R6.18. It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.
In the last twelve months Stefanutti Stocks Holdings insiders were buying shares, but not selling. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart 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 Stefanutti Stocks Holdings
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.
Insiders At Stefanutti Stocks Holdings Have Bought Stock Recently
It's good to see that Stefanutti Stocks Holdings insiders have made notable investments in the company's shares. Overall, six insiders shelled out R6.9m for shares in the company -- and none sold. This is a positive in our book as it implies some confidence.
Insider Ownership Of Stefanutti Stocks Holdings
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Stefanutti Stocks Holdings insiders own about R234m worth of shares. That equates to 23% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Do The Stefanutti Stocks Holdings Insider Transactions Indicate?
It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Stefanutti Stocks Holdings. Nice! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example - Stefanutti Stocks Holdings has 1 warning sign we think you should be aware of.
Of course Stefanutti Stocks Holdings 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.
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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.