Looking at Metro Bank PLC's (LON:MTRO ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Metro Bank

Metro Bank Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by insider Nicholas Winsor for UK£46k worth of shares, at about UK£0.91 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£1.29. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Nicholas Winsor bought a total of 100.00k shares over the year at an average price of UK£0.87. 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! insider-trading-volume

Metro Bank is not the only stock insiders are buying. So take a peek at this freelist of growing companies with insider buying.

Does Metro Bank Boast High Insider Ownership?

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. Metro Bank insiders own about UK£11m worth of shares. That equates to 4.7% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About Metro Bank Insiders?

It doesn't really mean much that no insider has traded Metro Bank shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in Metro Bank and we see no evidence to suggest they are worried about the future. Of course, the future is what matters most. So if you are interested in Metro Bank, you should check out this freereport on analyst forecasts for the company.



Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this freelist of interesting 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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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