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Emmanuel Pohl Just Bought 5.6% More Shares In ECP Emerging Growth Limited (ASX:ECP)

Simply Wall St

Investors who take an interest in ECP Emerging Growth Limited (ASX:ECP) should definitely note that insider Emmanuel Pohl recently paid AU$1.00 per share to buy AU$288k worth of the stock. Although the purchase only increased their holding by 5.6%, it is still a solid purchase in our view.

Check out our latest analysis for ECP Emerging Growth

ECP Emerging Growth Insider Transactions Over The Last Year

Notably, that recent purchase by Emmanuel Pohl is the biggest insider purchase of ECP Emerging Growth shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of AU$0.85. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares is very important. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Emmanuel Pohl was the only individual insider to buy during the last year. Notably Emmanuel Pohl was also the biggest seller.

You can see the insider transactions (by 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!

ASX:ECP Recent Insider Trading April 26th 2020
ASX:ECP Recent Insider Trading April 26th 2020

ECP Emerging Growth is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does ECP Emerging Growth Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. ECP Emerging Growth insiders own 42% of the company, currently worth about AU$6.6m based on the recent share price. 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 ECP Emerging Growth Insider Transactions Indicate?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about ECP Emerging Growth. Looks promising! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. When we did our research, we found 5 warning signs for ECP Emerging Growth (3 can't be ignored!) that we believe deserve your full attention.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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, but not derivative transactions.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. 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. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.