U.S. markets closed
  • S&P 500

    4,063.04
    -89.06 (-2.14%)
     
  • Dow 30

    33,587.66
    -681.50 (-1.99%)
     
  • Nasdaq

    13,031.68
    -357.75 (-2.67%)
     
  • Russell 2000

    2,135.14
    -71.85 (-3.26%)
     
  • Crude Oil

    65.72
    +0.44 (+0.67%)
     
  • Gold

    1,815.90
    -20.20 (-1.10%)
     
  • Silver

    27.64
    -0.02 (-0.06%)
     
  • EUR/USD

    1.2080
    -0.0072 (-0.59%)
     
  • 10-Yr Bond

    1.6950
    +0.0710 (+4.37%)
     
  • GBP/USD

    1.4053
    -0.0091 (-0.64%)
     
  • USD/JPY

    109.6360
    +1.0160 (+0.94%)
     
  • BTC-USD

    54,530.07
    -2,177.52 (-3.84%)
     
  • CMC Crypto 200

    1,478.65
    -85.18 (-5.45%)
     
  • FTSE 100

    7,004.63
    +56.64 (+0.82%)
     
  • Nikkei 225

    28,147.51
    -461.08 (-1.61%)
     

How Many EMIS Group plc (LON:EMIS) Shares Did Insiders Buy, In The Last Year?

  • Oops!
    Something went wrong.
    Please try again later.
Simply Wall St
·3 min read
  • Oops!
    Something went wrong.
    Please try again later.

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. So before you buy or sell EMIS Group plc (LON:EMIS), you may well want to know whether insiders have been buying or selling.

What Is Insider Selling?

It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. However, such insiders must disclose their trading activities, and not trade on inside information.

We don't think shareholders should simply follow insider transactions. But equally, we would consider it foolish to ignore insider transactions altogether. For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year'.

Check out our latest analysis for EMIS Group

The Last 12 Months Of Insider Transactions At EMIS Group

Over the last year, we can see that the biggest insider purchase was by CEO & Executive Director Andrew Thorburn for UK£77k worth of shares, at about UK£7.89 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£11.42. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

While EMIS Group insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
insider-trading-volume

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

Insiders at EMIS Group Have Bought Stock Recently

Over the last three months, we've seen a bit of insider buying at EMIS Group. Senior Independent Non-Executive Director Andrew McKeon bought UK£13k worth of shares in that time. It's great to see that insiders are only buying, not selling. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.

Does EMIS Group Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Our data suggests EMIS Group insiders own 0.1% of the company, worth about UK£1.1m. We consider this fairly low insider ownership.

So What Do The EMIS Group Insider Transactions Indicate?

Our data shows a little insider buying, but no selling, in the last three months. That said, the purchases were not large. On a brighter note, the transactions over the last year are encouraging. We'd like to see bigger individual holdings. However, we don't see anything to make us think EMIS Group insiders are doubting the company. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

But note: EMIS 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, but not derivative transactions.

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. 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.