Some of the losses noted by experts who bought £422,000 in JD Sports Fashion plc (LON:JD.) Stocks over the past year have rallied after shares rose 7.7% over the past week. However, the purchase has turned out to be an expensive gamble, with losses currently standing at £72,000.
While we would never suggest that investors should base their decisions solely on what a company’s directors have been doing, we think it makes perfect sense to be aware of what the insiders are doing.
Check out our latest JD Sports Fashion review
JD Sports Fashion Insider transactions over the past year
In the last twelve months, the biggest purchase made by an expert was when Chairman Andrew Higginson bought £397,000 worth of shares at a price of £1.33 per share. That means an insider was happy to buy shares above the current price of £1.08. His point of view may have changed since then, but at least it shows that they were feeling optimistic at the time. We always take careful note of the price experts pay when buying stocks. In general, it is more encouraging if they did pay above the current price, as it suggests that they saw value, even at higher levels.
While JD Sports Fashion experts have bought shares over the past year, they have not sold them. You can see a visual representation of internal transactions (by companies and individuals) for the last 12 months, below. If you want to know exactly who sold, for how much, and when, just click on the chart below!
amount of inside information
There are many other companies that have inside information buying shares. you probably will No i want to miss this free list of growing companies that experts are buying.
Insiders in JD Sports Fashion have recently bought shares
We have seen some JD Sports Fashion insiders buy stocks in the last three months. Non-executive director Andy Long bought £24,000 worth of shares in that period. We like it when there are only buyers and no sellers. However, in this case the recently invested amount is quite small.
the story continues
internal ownership
Another way to test alignment between a company’s leaders and other shareholders is to look at how many shares they own. We typically like to see fairly high levels of insider ownership. Our data does not reflect much insider ownership at JD Sports Fashion, although the insiders do hold around £360,000 worth of shares. However, it is possible that inmates could have an indirect interest through a more complex structure. We may be missing something, but that seems like a very low internal property.
So what do the JD Sports Fashion Insider transactions indicate?
Internal purchases may have been minimal in the last three months, but there were no sales at all. That being said, the purchases weren’t great. But pundits have shown more appetite for stocks over the past year. The transactions are good, but it would be more encouraging if the experts at JD Sports Fashion bought more shares in the company. In addition to knowing the internal transactions that are taking place, it is beneficial to identify the risks that JD Sports Fashion faces. For example, JD Sports Fashion has 2 warning signs we think you should be aware.
Of course, you can find a fantastic investment if you look elsewhere. so take a look at this free list of interesting companies
For the purposes of this article, insiders are those individuals who report their operations to the corresponding regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This Simply Wall St article is general in nature. We provide feedback based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell any stock, and it does not take into account your goals or financial situation. Our goal is to provide you with long-term focused analysis driven by fundamental data. Please note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative material. Simply Wall St does not have a position in any of the mentioned stocks.
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