Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of Charter Hall Group (ASX:CHC), that sends out a positive message to the company's shareholders. While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing. Check out our latest analysis for Charter Hall Group Charter Hall Group Insider Transactions Over The Last Year The MD, Group CEO & Director David Harrison made the biggest insider purchase in the last 12 months. That single transaction was for AU$550k worth of shares at a price of AU$11.00 each. So it's clear an insider wanted to buy, at around the current price, which is AU$11.76. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Charter Hall Group share holders is that insiders were buying at near the current price. While Charter Hall Group 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 want to know exactly who sold, for how much, and when, simply click on the graph below! insider-trading-volume There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this freelist of companies. (Hint: insiders have been buying them). Insiders At Charter Hall Group Have Bought Stock Recently It's good to see that Charter Hall Group insiders have made notable investments in the company's shares. Specifically, Independent Non-Executive Director Stephen Conry bought AU$150k worth of shares in that time, and we didn't record any sales whatsoever. This makes one think the business has some good points. Insider Ownership Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.8% of Charter Hall Group shares, worth about AU$46m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders. What Might The Insider Transactions At Charter Hall Group Tell Us? It is good to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Given that insiders also own a fair bit of Charter Hall Group we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Charter Hall Group. In terms of investment risks, we've identified 1 warning sign with Charter Hall Group and understanding this should be part of your investment process. But note: Charter Hall Group may not be the best stock to buy. So take a peek at this freelist 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. 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.
Bullish Charter Hall Group Insiders Loaded Up On AU$782.0k Of Stock
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