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Looking at GDI Integrated Facility Services Inc.'s (TSE:GDI ) 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 insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
View our latest analysis for GDI Integrated Facility Services
The Last 12 Months Of Insider Transactions At GDI Integrated Facility Services
The Senior VP & CFO Stéphane Lavigne made the biggest insider purchase in the last 12 months. That single transaction was for CA$97k worth of shares at a price of CA$38.76 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being CA$32.06). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Stéphane Lavigne 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!
GDI Integrated Facility Services is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
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. We usually like to see fairly high levels of insider ownership. Insiders own 12% of GDI Integrated Facility Services shares, worth about CA$89m. 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 GDI Integrated Facility Services Insiders?
It doesn't really mean much that no insider has traded GDI Integrated Facility Services shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. Insiders do have a stake in GDI Integrated Facility Services and their transactions don't cause us concern. 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. Every company has risks, and we've spotted 2 warning signs for GDI Integrated Facility Services (of which 1 is a bit unpleasant!) you should know about.