Whilst it may not be a huge deal, we thought it was good to see that the MotorCycle Holdings Limited (ASX:MTO) Co-Founder, David Ahmet, recently bought AU$86k worth of stock, for AU$1.72 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign. See our latest analysis for MotorCycle Holdings MotorCycle Holdings Insider Transactions Over The Last Year In fact, the recent purchase by David Ahmet was the biggest purchase of MotorCycle Holdings shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being AU$1.59). 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. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. David Ahmet was the only individual insider to buy shares in the last twelve months. David Ahmet bought a total of 101.48k shares over the year at an average price of AU$2.21. 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! insider-trading-volume MotorCycle Holdings is not the only stock insiders are buying. So take a peek at this freelist of growing companies with insider buying. Insider Ownership Of MotorCycle Holdings Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. Insiders own 29% of MotorCycle Holdings shares, worth about AU$34m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment. So What Do The MotorCycle Holdings Insider Transactions Indicate? It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Given that insiders also own a fair bit of MotorCycle Holdings we think they are probably pretty confident of 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. Our analysis shows 4 warning signs for MotorCycle Holdings (1 is a bit unpleasant!) and we strongly recommend you look at them before investing. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this freelist of interesting companies. 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. Join A Paid User Research Session You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here
The Co-Founder of MotorCycle Holdings Limited (ASX:MTO), David Ahmet, Just Bought A Few More Shares
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