Investors who take an interest in Accell Group N.V. (AMS:ACCEL) should definitely note that the Chief Supply Chain Officer & Director, Jeroen Both, recently paid €33.54 per share to buy €101k worth of the stock. That’s a very decent purchase to our minds and it grew their holding by a solid 41%.
The Last 12 Months Of Insider Transactions At Accell Group
Notably, that recent purchase by Jeroen Both is the biggest insider purchase of Accell 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 €36.95. 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. Jeroen Both was the only individual insider to buy shares in the last twelve months.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Accell Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with 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. From looking at our data, insiders own €2.3m worth of Accell Group stock, about 0.2% of the company. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We prefer to see high levels of insider ownership.
So What Does This Data Suggest About Accell Group Insiders?
It’s certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. While the overall levels of insider ownership are below what we’d like to see, the history of transactions imply that Accell Group insiders are reasonably well aligned, and optimistic for the future. So these insider transactions can help us build a thesis about the stock, but it’s also worthwhile knowing the risks facing this company. You’d be interested to know, that we found 2 warning signs for Accell Group and we suggest you have a look.
Of course Accell Group may not be the best stock to buy. So you may wish to see this free collection 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.
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