Ninety One Group Insider Ups Holding During Year

Insiders were net buyers of Ninety One Group's (LON:N91 ) stock during the past year. That is, insiders bought more stock than they sold. Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Ninety One Group Insider Transactions Over The Last Year In the last twelve months, the biggest single purchase by an insider was when Founder Hendrik du Toit bought UK£293k worth of shares at a price of UK£1.96 per share. That means that an insider was happy to buy shares at around the current price of UK£2.17. That means they have been optimistic about the company in the past, though they may have changed their mind. 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. In this case we're pleased to report that the insider bought shares at close to current prices. Hendrik du Toit 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! View our latest analysis for Ninety One Group There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Insider Ownership Of Ninety One Group Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that Ninety One Group insiders own about UK£7.3m worth of shares (which is 0.4% of the company). Whilst better than nothing, we're not overly impressed by these holdings. So What Do The Ninety One Group Insider Transactions Indicate? The fact that there have been no Ninety One Group insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Ninety One Group stock. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Ninety One Group. But note: Ninety One Group may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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 of direct interests only, but not derivative transactions or indirect interests.