Potential K3 Capital Group PLC (LON:K3C) shareholders may wish to note that the Non-Executive Chairman, Ian Mattioli, recently bought UK£100k worth of stock, paying UK£2.46 for each share. Although the purchase only increased their holding by 6.4%, it is still a solid purchase in our view.
The Last 12 Months Of Insider Transactions At K3 Capital Group
Notably, that recent purchase by Ian Mattioli is the biggest insider purchase of K3 Capital Group shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is UK£2.79. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the K3 Capital Group insiders decided to buy shares at close to current prices.
While K3 Capital Group insiders bought shares last year, they didn't sell. Their average price was about UK£1.58. It is certainly positive to see that insiders have invested their own money in the company. But we must note that the investments were made at well below today's share price. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
K3 Capital Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that K3 Capital Group insiders own 47% of the company, worth about UK£55m. 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 Does This Data Suggest About K3 Capital Group Insiders?
It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about K3 Capital Group. One for the watchlist, at least! Of course, the future is what matters most. So if you are interested in K3 Capital Group, you should check out this free report on analyst forecasts for the company.
Of course K3 Capital 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 firstname.lastname@example.org. 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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