Potential Aptitude Software Group plc (LON:APTD) shareholders may wish to note that the Independent Non-Executive Chairman, Ivan Martin, recently bought UK£152k worth of stock, paying UK£3.04 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 29%. View our latest analysis for Aptitude Software Group Aptitude Software Group Insider Transactions Over The Last Year Notably, that recent purchase by Ivan Martin is the biggest insider purchase of Aptitude Software Group shares that we've seen in the last year. That implies that an insider found the current price of UK£3.06 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. 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. The good news for Aptitude Software Group share holders is that insiders were buying at near the current price. In the last twelve months Aptitude Software Group insiders were buying shares, but not selling. 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! insider-trading-volume There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this freelist of growing companies that insiders are buying. 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 Aptitude Software Group insiders own 8.4% of the company, worth about UK£15m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment. So What Does This Data Suggest About Aptitude Software Group Insiders? The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in Aptitude Software Group shares, given these transactions (along with notable insider ownership of the company). So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 4 warning signs for Aptitude Software Group you should be aware of. Of course Aptitude Software Group may not be the best stock to buy. So you may wish to see this freecollection of high quality companies. 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.
Ivan Martin Is The Independent Non-Executive Chairman of Aptitude Software Group plc (LON:APTD) And They Just Picked Up 29% More Shares
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