Whilst it may not be a huge deal, we thought it was good to see that Marshall Criser, who is a company insider, recently bought US$78k worth of stock, for US$19.60 per share. Even though that isn't a massive buy, it did increase their holding by 57%, which is a arguably a good sign.
The Last 12 Months Of Insider Transactions At Capital City Bank Group
Notably, that recent purchase by Marshall Criser is the biggest insider purchase of Capital City Bank Group shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$21.12. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider purchases were made at close to current prices.
While Capital City Bank Group insiders bought shares during the last year, they didn't sell. Their average price was about US$23.28. I'd consider this a positive as it suggests insiders see value at around the current price. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Capital City Bank Group Boast High Insider Ownership?
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Capital City Bank Group insiders own about US$108m worth of shares (which is 30% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Does This Data Suggest About Capital City Bank Group Insiders?
It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Capital City Bank Group. Nice! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we found 2 warning signs for Capital City Bank Group that deserve your attention before buying any shares.
Of course Capital City Bank 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, but not derivative transactions.
If you spot an error that warrants correction, please contact the editor at email@example.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.
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