Have Insiders Been Shopping for Ten Leisure Group plc (LON:TEG) Shares?

We haven’t counted the number of times insiders have accumulated stakes in a company that is doing significantly better. The downside of this is that there aren’t just a few examples of insiders dumping stocks before a period of poor performance. So before you buy or sell Ten Entertainment Group plc ((LON: TEG) You may want to know if any insiders bought or sold.

What is insider selling?

It is quite normal for company insiders, such as board members, to trade in company stocks from time to time. However, such insiders are required to disclose their trading activities and are not allowed to trade inside information.

Insider trading isn’t the most important thing when it comes to long-term investments. But we would also consider it foolish to ignore insider trading altogether. For example, Columbia University study found that “insiders are more likely to buy their own company’s shares in the open market when the company announces new agreements with customers and suppliers”.

Check out our latest analysis for Ten Entertainment Group

Ten insider deals by the Entertainment Group last year

Interim Executive Chairman Nicholas Basing made the largest insider buy in the past 12 months. This single transaction involved shares valued at £ 81,000 in the UK at a price of £ 1.55 each in the UK. We’d love to see a purchase but that purchase was made well below the current UK price of £ 2.35. Since the shares were bought at a lower price, that purchase doesn’t tell us much about how insiders view the current share price.

Last year we saw insiders buy 149.90,000 shares worth £ 232,000. But they sold 42.21,000 shares for £ 69,000 in the UK. A total of ten Insiders from the Entertainment Group were net buyers last year. Below is a visual representation of insider trades (by companies and individuals) over the past 12 months. If you want to know exactly who sold how much and when, just click on the graphic below!

The story goes on

Insider trading volume

There are always plenty of stocks that insiders buy. If that suits your style, you can check or take a look at each inventory individually free List of companies. (Note: Insiders bought them).

Does Ten Entertainment Group have a high level of inside ownership?

Another way to test alignment between a company’s executives and other shareholders is to see how many stocks they own. The higher the proportion of insiders, the more likely it is that insiders will receive incentives to build the company over the long term. Our data suggests that Ten Entertainment Group insiders own 2.0% of the company, valued at approximately £ 3.2 million. We consider this to be relatively low inside ownership.

What could the insider deals at Ten Entertainment Group tell us?

It doesn’t really mean much that no insider traded Ten Entertainment Group shares in the last quarter. But insiders have shown more appetite for the stock over the past year. The deals are okay, but it would be more encouraging if Ten Entertainment Group insiders bought more shares in the company. In addition to knowing about ongoing insider transactions, it is beneficial to identify the risks that Ten Entertainment Group is exposed to. When we did our research, we found out 2 warning signs for Ten Entertainment Group (1 concerns!) That we believe we deserve your full attention.

If you’d rather try another company – one with potentially superior financials – this is not to be missed free List of interesting companies with high return on equity and low debt.

For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently consider open market transactions and private sales, but not derivative transactions.

This article from Simply Wall St is of a general nature. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. We want to provide you with a long-term, focused analysis based on fundamental data. Note that our analysis may not take into account the latest price sensitive company announcements or quality materials. Simply Wall St has no position in the stocks mentioned.

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