sp10 Aug 2019 19:16
Thomas Cook Group Insider Transactions Over The Last Year
Non-Executive Chairman Frank L. Meysman made the biggest insider purchase in the last 12 months. That single transaction was for UK£89k worth of shares at a price of UK£0.60 each. That means that an insider was happy to buy shares at above the current price of UK£0.096. It’s very possible they regret the purchase, but it’s more likely they are bullish about the company. To us, it’s very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.