Whilst it may not be a huge deal, we thought it was good to see that the Duke Capital Limited (LON:DUKE) Executive Director & Chief Investment Officer, Charles Cannon Brookes, recently bought UK£67k worth of stock, for UK£0.18 per share. However, it only increased their shares held by 2.7%, and it wasn't a huge purchase by absolute value, either.
Duke Capital Insider Transactions Over The Last Year
In fact, the recent purchase by Executive Director & Chief Investment Officer Charles Cannon Brookes was not their only acquisition of Duke Capital shares this year. Earlier in the year, they paid UK£0.27 per share in a UK£220k purchase. That means that even when the share price was higher than UK£0.20 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
Duke Capital insiders may have bought shares in the last year, but they didn't sell any. They paid about UK£0.23 on average. These transactions suggest that insiders have considered the current price attractive. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
View our latest analysis for Duke Capital
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.
Insider Ownership Of Duke Capital
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Our data indicates that Duke Capital insiders own about UK£4.4m worth of shares (which is 4.3% of the company). We do generally prefer see higher levels of insider ownership.
What Might The Insider Transactions At Duke Capital Tell Us?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Duke Capital insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Duke Capital. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Duke Capital.
But note: Duke Capital may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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 of direct interests only, but not derivative transactions or indirect interests.
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