Insiders were net buyers of Oxford Nanopore Technologies plc's (LON:ONT ) stock during the past year. That is, insiders bought more stock than they sold. While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares. Check out our latest analysis for Oxford Nanopore Technologies Oxford Nanopore Technologies Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider purchase was by Non-Executive Chair Duncan Tatton-Brown for UK£216k worth of shares, at about UK£2.21 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being UK£1.92). It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Duncan Tatton-Brown was the only individual insider to buy shares in the last twelve months. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! insider-trading-volume Oxford Nanopore Technologies is not the only stock insiders are buying. So take a peek at this freelist of growing companies with insider buying. Insider Ownership Of Oxford Nanopore Technologies 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. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Oxford Nanopore Technologies insiders own 2.0% of the company, worth about UK£33m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders. So What Does This Data Suggest About Oxford Nanopore Technologies Insiders? The fact that there have been no Oxford Nanopore Technologies insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. Insiders own shares in Oxford Nanopore Technologies and we see no evidence to suggest they are worried about the future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 2 warning signs for Oxford Nanopore Technologies you should be aware of. But note: Oxford Nanopore Technologies may not be the best stock to buy. So take a peek at this freelist 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. 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.
This Oxford Nanopore Technologies Insider Increased Their Holding By 56% Last Year
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