Midwich Group plc (LON:MIDW) insider upped their holding by 0.1% earlier this year




  • In Business
  • 2022-09-27 05:00:10Z
  • By Simply Wall St.
 

Looking at Midwich Group plc's (LON:MIDW ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Midwich Group

Midwich Group Insider Transactions Over The Last Year

The Group MD & Director Stephen Fenby made the biggest insider purchase in the last 12 months. That single transaction was for UK£100k worth of shares at a price of UK£5.00 each. That means that an insider was happy to buy shares at above the current price of UK£4.90. Their view may have changed since then, but at least it shows they felt optimistic at the time. 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. Stephen Fenby was the only individual insider to buy shares in the last twelve months.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Midwich Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Midwich Group Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. 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 appears that Midwich Group insiders own 20% of the company, worth about UK£88m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Midwich Group Tell Us?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Midwich Group shares, given these transactions (along with notable insider ownership of the company). While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Be aware that Midwich Group is showing 2 warning signs in our investment analysis, and 1 of those makes us a bit uncomfortable...

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.

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

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.

Join A Paid User Research Session
You'll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here

COMMENTS

More Related News

Individual investors account for 53% of ASX Limited
Individual investors account for 53% of ASX Limited's (ASX:ASX) ownership, while institutions account for 46%

A look at the shareholders of ASX Limited ( ASX:ASX ) can tell us which group is most powerful. And the group that...

With 56% ownership of the shares, Bravura Solutions Limited (ASX:BVS) is heavily dominated by institutional owners
With 56% ownership of the shares, Bravura Solutions Limited (ASX:BVS) is heavily dominated by institutional owners

To get a sense of who is truly in control of Bravura Solutions Limited ( ASX:BVS ), it is important to understand the...

One Creative Technology Ltd (SGX:C76) insider upped their stake by 80% in the previous year
One Creative Technology Ltd (SGX:C76) insider upped their stake by 80% in the previous year

Viewing insider transactions for Creative Technology Ltd's ( SGX:C76 ) over the last year, we see that insiders were...

Quite a few insiders invested in Phoenix Group Holdings plc (LON:PHNX) last year which is positive news for shareholders
Quite a few insiders invested in Phoenix Group Holdings plc (LON:PHNX) last year which is positive news for shareholders

When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase...

While institutions own 21% of Holland Colours N.V. (AMS:HOLCO), private companies are its largest shareholders with 54% ownership
While institutions own 21% of Holland Colours N.V. (AMS:HOLCO), private companies are its largest shareholders with 54% ownership

A look at the shareholders of Holland Colours N.V. ( AMS:HOLCO ) can tell us which group is most powerful. And the...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Business