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Who Just Ramped Up Their Shares In Bega Cheese And More?

Sadie Atkinson

Much research shows that executives, directors or others with inside knowledge of a public company, buying its shares is a useful barometer of broad shifts in market sentiment of the stock. This is because their access to information aids them in more informed decision-making. However, its certainly not enough to base your investment decision based on insider transactions, but these events do warrant a deeper dive into the stocks.

Bega Cheese Limited (ASX:BGA)

Bega Cheese Limited engages in receiving, processing, manufacturing, and distributing dairy and associated products primarily in Australia. Established in 1899, and now run by Paul van Heerwaarden, the company size now stands at 1,650 people and with the stock’s market cap sitting at AUD A$1.35B, it comes under the small-cap category.

Bega Cheese Limited’s (ASX:BGA) insiders have invested more than 3 million shares in the large-cap stocks within the past three months. In total, individual insiders own over 11 million shares in the business, which makes up around 5.76% of total shares outstanding.

The entity that bought on the open market in the last three months was

Cooper Investors Pty Limited. Although this is an institutional investor, rather than a company executive or board member, the insights gained from direct access to management as a large investor would make it more well-informed than the average retail investor. In this specific instance, I would classify this investor as a company insider.

Bega Cheese’s share price traded at a high of AU$7.44 and a low of AU$6.36 in the past three months. This signals moderate volatility with a share price movement of 16.98%, which could potentially be large enough to warrant insiders to accrue their shares. Dig deeper into Bega Cheese here.

ASX:BGA Insider_trading Jun 12th 18

Collection House Limited (ASX:CLH)

Collection House Limited provides debt collection and receivables management services in Australia and New Zealand. Founded in 1992, and now led by CEO Anthony Rivas, the company employs 797 people and with the company’s market capitalisation at AUD A$220.17M, we can put it in the small-cap group.

Collection House Limited’s (ASX:CLH) insiders have invested 298,339 shares in the small-cap stocks within the past three months. In total, individual insiders own over 18 million shares in the business, which makes up around 13.04% of total shares outstanding.

The entity that bought on the open market in the last three months was

Credit Suisse Investment Banking and Securities Investments. Although this is an institutional investor, rather than a company executive or board member, the insights gained from direct access to management as a large investor would make it more well-informed than the average retail investor. In this specific instance, I would classify this investor as a company insider.

With revenues predicted to grow at 10.14% next year driving an impressive earnings growth of 36.70%, insiders may be buying based on CLH’s optimistic outlook which they believe are not yet priced into the stock. Dig deeper into Collection House here.

ASX:CLH Insider_trading Jun 12th 18

G8 Education Limited (ASX:GEM)

G8 Education Limited owns, operates, franchises, and manages child care centers. The company currently employs 7730 people and has a market cap of AUD A$1.09B, putting it in the small-cap group.

G8 Education Limited’s (ASX:GEM) insiders have invested more than 68 million shares in the large-cap stocks within the past three months. In total, individual insiders own over 8 million shares in the business, which makes up around 1.76% of total shares outstanding.

Insiders that have recently ramped up their holdings are: Julie Cogin (board member) . , Margaret Zabel (board member) . , Mark Johnson (board member) . and Susan Forrester (board member) .

The entity that bought on the open market in the last three months was

Challenger Limited FMR LLC Greencape Capital Pty Ltd Legg Mason Asset Management (Japan) Co. Ltd.. Although this is an institutional investor, rather than a company executive or board member, the insights gained from direct access to management as a large investor would make it more well-informed than the average retail investor. In this specific instance, I would classify this investor as a company insider.

Analysts anticipate a relatively flat top-line growth next year, however, earnings are predicted to grow at an impressive rate of 16.41% which could indicate the company’s cost controls will show meaningful results, offsetting the slow revenue growth. Insiders may have confidence in these cost initiatives, or believe the market has overly penalized the company’s shares, leading to an opportune time to buy. Dig deeper into G8 Education here.

ASX:GEM Insider_trading Jun 12th 18

For more stocks with high, positive trading volume by insiders, explore this interactive list of stocks with recent insider buying.


To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.