potential JD Sports Fashion plc (LON:JD.) Shareholders should note that Chairman Andrew Higginson recently purchased £241,000 worth of shares, paying £1.51 per share. I think this is a good sign. Especially since the purchase increased his holding rate by 53%.
See the latest analysis from JD Sports Fashion
JD Sports Fashion Insider Trading Over the Past Year
Notably, Chairman Andrew Higginson’s recent acquisition wasn’t the only time he bought JD Sports Fashion shares this year. They had previously purchased a larger amount of shares worth £397,000 for him at a price of £1.33 per share. The purchase was made at a significantly lower price than the recent price (UK£1.60) but we still believe insider buying is positive. but the deal doesn’t tell us much about what they think of the current price.
Over the past 12 months, JD Sports Fashion insiders have been buying, but not selling, stock. The chart below shows insider trading (by company and individual) over the past year. If you want to know exactly who sold, how much and when, click the chart below.
JD Sports Fashion isn’t the only insider buying.Let’s take a look at this freedom List of companies growing with insider buying.
Insider Ownership of JD Sports Fashion
I like to look at how many shares an insider owns in a company to inform my view of how well insiders and insiders match up. We usually want to see a pretty high level of insider ownership. Our data does not detect much insider ownership in JD Sports Fashion, although insiders hold approximately £535,000 worth of stock. However, insiders may have an indirect interest through more complex structures. Maybe I’m missing something, but it seems very low insider ownership.
What does this data tell us about JD Sports Fashion Insiders?
It’s certainly positive to see the recent insider purchases. We are also convinced by the long-term landscape of insider trading. While we certainly would like insider ownership to be at a higher level, our insider trading analysis suggests that insiders at JD Sports Fashion are hopeful for a brighter future. In addition to knowing about ongoing insider trading, it is useful to identify the risks facing JD Sports Fashion.To help with this, we have discovered two warning signs To get a complete picture of JD Sports Fashion, you have to read through.
of course JD Sports Fashion may not be the best stock to buySo you might want to watch this freedom A collection of quality companies.
For the purposes of this article, an insider is an individual who reports a transaction to the relevant regulatory body. Currently, we consider open market transactions and private disposals, but not derivative transactions.
Do you have feedback on this article? What interests you? contact directly with us. Or send an email to our editorial team (at) Simplywallst.com.
This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Is not …
Participate in Paid User Research Sessions
you $30 USD Amazon Gift Card An hour of your time while helping build better investment tools for individual investors like you.SIGN UP HERE