Even if it's not a huge purchase, we think it was good to see that John May, the Independent Non-Executive Director of Begbies Traynor Group plc (LON:BEG) recently shelled out UK£53k to buy stock, at UK£1.20 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 13%.

View our latest analysis for Begbies Traynor Group

Begbies Traynor Group Insider Transactions Over The Last Year

Notably, that recent purchase by John May is the biggest insider purchase of Begbies Traynor Group shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is UK£1.21. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider bought shares at close to current prices. John May was the only individual insider to buy during the last year.

John May bought a total of 72.00k shares over the year at an average price of UK£1.19. 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 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).

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company 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 Begbies Traynor Group insiders own 7.3% of the company, worth about UK£14m. 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 Begbies Traynor Group Insiders?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in Begbies Traynor Group shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To help with this, we've discovered 2 warning signs (1 is significant!) that you ought to be aware of before buying any shares in Begbies Traynor Group.

Of course Begbies Traynor 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.

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