This Foxtons Group Insider Increased Their Holding By 37% Last Year
Looking at Foxtons Group plc's (LON:FOXT ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
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 Foxtons Group
In the last twelve months, the biggest single purchase by an insider was when Senior Independent Non-Executive Director John Callaway bought UK£38k worth of shares at a price of UK£0.38 per share. That means that an insider was happy to buy shares at around the current price of UK£0.41. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. In this case we're pleased to report that the insider bought shares at close to current prices. John Callaway was the only individual insider to buy shares in the last twelve months.
John Callaway bought 170.00k shares over the last 12 months at an average price of UK£0.42. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
See our latest analysis for Foxtons Group
Foxtons Group is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Does Foxtons Group Boast High 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. I reckon it's a good sign if insiders own a significant number of shares in the company. From looking at our data, insiders own UK£2.0m worth of Foxtons Group stock, about 1.6% of the company. We prefer to see high levels of insider ownership.
So What Do The Foxtons Group Insider Transactions Indicate?
There haven't been any insider transactions in the last three months -- that doesn't mean much. However, our analysis of transactions over the last year is heartening. We'd like to see bigger individual holdings. However, we don't see anything to make us think Foxtons Group insiders are doubting the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Foxtons Group.
But note: Foxtons 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 of direct interests only, but not derivative transactions or indirect interests.
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