From what we can see, insiders were net buyers in Mears Group plc's (LON:MER ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Mears Group

The Last 12 Months Of Insider Transactions At Mears Group

In the last twelve months, the biggest single purchase by an insider was when CFO & Executive Director Andrew C. Smith bought UK£51k worth of shares at a price of UK£1.99 per share. That implies that an insider found the current price of UK£2.08 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the Mears Group insider decided to buy shares at close to current prices. Andrew C. Smith was the only individual insider to buy during the last year.

Andrew C. Smith purchased 70.67k shares over the year. The average price per share was UK£1.96. 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

Mears Group is not the only stock that insiders are buying. For those who like to find winning investments this freelist of growing companies with recent insider purchasing, could be just the ticket.

Does Mears Group Boast High Insider Ownership?

Many investors like to check how much of a company is owned by 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. Based on our data, Mears Group insiders have about 0.6% of the stock, worth approximately UK£1.5m. We consider this fairly low insider ownership.



What Might The Insider Transactions At Mears Group Tell Us?

The fact that there have been no Mears Group insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. We'd like to see bigger individual holdings. However, we don't see anything to make us think Mears Group insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Mears Group. For example, Mears Group has 2 warning signs (and 1 which doesn't sit too well with us) we think you should know about.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this freelist of interesting companies, that have HIGH return on equity 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, but not derivative transactions.

Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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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