Zoe Harris Bought 614% More Shares In On the Beach Group

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Whilst it may not be a huge deal, we thought it was good to see that the On the Beach Group plc (LON:OTB) Chief Marketing Officer & Executive Director, Zoe Harris, recently bought UK£53k worth of stock, for UK£1.42 per share. While that isn't the hugest buy, it actually boosted their shareholding by 614%, which is good to see.

See our latest analysis for On the Beach Group

The Last 12 Months Of Insider Transactions At On the Beach Group

The CEO & Executive Director Shaun Morton made the biggest insider purchase in the last 12 months. That single transaction was for UK£57k worth of shares at a price of UK£1.53 each. That implies that an insider found the current price of UK£1.57 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider purchases were made at close to current prices. Notably Shaun Morton was also the biggest seller.

Happily, we note that in the last year insiders paid UK£226k for 154.18k shares. But insiders sold 19.97k shares worth UK£33k. Overall, On the Beach Group insiders were net buyers during the last year. 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!

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

Does On the Beach Group Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Our data indicates that On the Beach Group insiders own about UK£4.3m worth of shares (which is 1.6% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

What Might The Insider Transactions At On the Beach Group Tell Us?

The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that On the Beach Group insiders are expecting a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example - On the Beach Group has 2 warning signs we think you should be aware of.