Insiders buying well above market share price10 Dec 2020 08:57
In the last twelve months, the biggest single purchase by an insider was when Non-Executive Chairman David Martin bought UK£112k worth of shares at a price of UK£1.12 per share. That means that even when the share price was higher than UK£0.34 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.