Potential JD Sports Fashion plc (LON:JD.) Shareholders may wish to note that Chairman Andrew Higginson recently purchased £241,000 worth of shares, paying £1.51 per share. We think that’s a good sign, especially since the purchase boosted his stake to 53%.
See our latest analysis of JD Sports Fashion
JD Sports Fashion Insider transactions over the past year
Notably, that recent purchase by Chairman Andrew Higginson wasn’t the only time they’ve bought JD Sports Fashion shares this year. They previously made an even larger purchase of shares worth £397,000 at a price of £1.33 per share. Although the purchase was made at a price significantly lower than the recent price (£1.60), we still think insider buying is positive. While it suggests that experts view stocks as undervalued at lower prices, this transaction doesn’t tell us much about what they think of current prices.
In the last twelve months, JD Sports Fashion experts were buying shares, but not selling them. The following graph shows internal transactions (by companies and individuals) during the last year. If you want to know exactly who sold, for how much, and when, just click on the chart below!
amount of inside information
JD Sports Fashion isn’t the only stock that experts buy. so take a look at this free list of growing companies with internal purchases.
In-house property of JD Sports Fashion
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. We typically like to see fairly high levels of insider ownership. Our data does not reflect much insider ownership at JD Sports Fashion, although insiders hold around £535,000 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 does this data suggest about the fashion experts at JD Sports?
It’s certainly a positive to see the recent insider buying. We also trust the longer-term picture of internal transactions. We would certainly prefer to see higher levels of insider ownership, but analysis of insider transactions suggests that JD Sports Fashion members are in for a bright future. In addition to knowing the internal transactions that are taking place, it is beneficial to identify the risks that JD Sports Fashion faces. To help with this, we have discovered 2 warning signs that you should take a look to get a better picture of JD Sports Fashion.
the story continues
Of course JD Sports Fashion may not be the best stock to buy. So you might want to check this out free high quality business collection.
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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