Usually, if one insider buys stock, it might not be a monumental event. However, if multiple insiders are making purchases as in this case, BELL FINANCIAL GROUP LIMITED. (ASX:BFG), which sends a positive message to the company's shareholders.
While we are by no means saying that investors should make decisions solely based on the actions of a company's directors, we believe it is perfectly logical to monitor the actions of insiders. .
Check out our latest analysis for Bell Financial Group.
Bell Financial Group insider transactions over the past year
Last year's biggest insider purchase was by Non-Executive Director Alastair Proban for AU$564k worth of shares (approximately AU$0.94 per share). We like to see insider buying, but note that this large purchase is well below his recent price of AU$1.36. This trade suggests that insiders believe the stock is undervalued when the stock price is low, but this trade doesn't say much about what they think about the current price. .
Bell Financial Group insiders may have bought shares in the last year, but they haven't sold any shares. The graph below shows insider transactions (by companies and individuals) over the last year. You can click on the graph below to see the exact details of each insider transaction.
There are always plenty of stocks that insiders are buying. Check out each stock one by one or take a look at this if that suits your style. free List of companies. (Hint: Insiders are buying them).
Does Bell Financial Group have high insider ownership?
If you are a common shareholder, it may be worth checking how many shares are held by company insiders. We think it's a good sign if insiders own a significant number of shares in the company. It appears that Bell Financial Group insiders own 11% of the company's shares, worth about AU$47m. Certainly, we've seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and other shareholders.
So what do Bell Financial Group's insider transactions tell us?
The fact that there have been no insider transactions for Bell Financial Group lately certainly doesn't bother us. However, insiders have indicated that interest in the stock has increased over the last year. Insiders own shares in Bell Financial Group, and their transactions do not cause us any concern. So while these insider transactions can help us form a theory about the stock, it's also worth knowing what risks this company faces. In terms of investment risk, We've identified 1 warning sign You should work with Bell Financial Group and understand it as part of your investment process.
of course Bell Financial Group may not be the best stock to buy.So you might want to see this free There are many high-quality companies here.
For the purposes of this article, insiders are individuals who report their transactions to the relevant regulatory body. The Company currently only accounts for open market transactions and private dispositions of direct profits, and does not account for derivative transactions or indirect profits.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodologies, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.