Oakley Capital Investments Co-Founder Acquires 1.6% More Stock
Oakley Capital Investments Limited (LON:OCI) shareholders (or potential shareholders) will be happy to see that the Co-Founder, Peter Adam Dubens, recently bought a whopping UK£1.3m worth of stock, at a price of UK£4.42. While that only increased their holding size by 1.6%, it is still a big swing by our standards.
See our latest analysis for Oakley Capital Investments
The Last 12 Months Of Insider Transactions At Oakley Capital Investments
In fact, the recent purchase by Co-Founder Peter Adam Dubens was not their only acquisition of Oakley Capital Investments shares this year. Earlier in the year, they paid UK£4.68 per share in a UK£1.4m purchase. That means that even when the share price was higher than UK£4.45 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.
While Oakley Capital Investments insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Oakley Capital Investments is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
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. Oakley Capital Investments insiders own 12% of the company, currently worth about UK£93m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
What Might The Insider Transactions At Oakley Capital Investments Tell Us?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in Oakley Capital Investments shares, given these transactions (along with notable insider ownership of the company). Along with insider transactions, I recommend checking if Oakley Capital Investments is growing revenue. This free chart of historic revenue and earnings should make that easy.
Of course Oakley Capital Investments 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 of direct interests only, but not derivative transactions or indirect interests.
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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.
