Interested investors should Johnson Service Group PLC (LON:JSG) is definitely worth noting that Peter Egan, CEO, Executive Director & Director of Health, recently bought UK£89,000 worth of shares, paying UK£1.37 per share. . This is a very solid buy in our book, increasing our holdings by a notable 17%.
Check out our latest analysis for Johnson Service Group.
Insider transactions at Johnson Service Group over the last 12 months
In fact, our records show that the recent purchase by Peter Egan was the largest purchase of Johnson Service Group stock made by an insider individual in the past twelve months. So it's clear that insiders wanted to buy at around the current price of UK£1.37. Their views may have changed after the acquisition, but this at least suggests they were confident in the company's future. We always like to see insider buying, but if the purchases were made at a much lower price, it doesn't mean much because the opportunity they saw may have passed. Fortunately, Johnson Service Group insiders decided to buy the stock at a price close to its current price. Peter Egan was the only individual insider to make an acquisition in the last year.
The chart below depicts insider transactions (by companies and individuals) over the past year. You can click on the graph below to see the exact details of each insider transaction.
Johnson Service Group isn't the only company with insiders buying stock.So take a look at this free A list of growing companies with insider buying.
Does Johnson Service Group have high insider ownership?
Many investors like to see how much of a company's shares are owned by insiders. Typically, the higher the insider ownership, the more likely it is that insiders are incentivized to build the company for the long term. Based on our data, Johnson Service Group insiders own around 0.3% of the shares, worth about £1.7m. I generally prefer to see higher levels of ownership.
So what do Johnson Service Group's insider transactions show?
Recent insider purchasing is encouraging. We also have confidence from the long-term profile of insider trading. While the overall level of insider ownership is below what we would expect, the trading history indicates that Johnson Service Group insiders are reasonably aligned and optimistic about the future. It suggests something.So definitely watch this free A report showing analyst forecasts for Johnson Service Group.
of course, You may find a great investment if you look elsewhere. So take a look at this free List of interesting companies.
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 using only unbiased methodologies, based on historical data and analyst forecasts, 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.
