Jupiter Fund Management Plc (LON:JUP) insiders need another UK£153k to breakeven on a UK£532k stock purchase even after recent gains
Some of the losses seen by insiders who purchased UK£532k worth of Jupiter Fund Management Plc (LON:JUP) shares over the past year were recovered after the stock increased by 5.1% over the past week. The purchase, however, has proven to be a pricey bet, with losses currently totalling UK£153k.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for Jupiter Fund Management
Jupiter Fund Management Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by Senior Independent Director Roger Yates for UK£532k worth of shares, at about UK£2.66 per share. That means that an insider was happy to buy shares at above the current price of UK£1.90. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. The only individual insider to buy over the last year was Roger Yates.
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!
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 Jupiter Fund Management Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data suggests Jupiter Fund Management insiders own 0.3% of the company, worth about UK£3.0m. I generally like to see higher levels of ownership.
So What Does This Data Suggest About Jupiter Fund Management Insiders?
The fact that there have been no Jupiter Fund Management insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. The transactions are fine but it'd be more encouraging if Jupiter Fund Management insiders bought more shares in 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. For instance, we've identified 3 warning signs for Jupiter Fund Management (1 is concerning) you should be aware of.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.
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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.
