NYSE:IVZ) will no doubt be intrigued by the recent purchase of shares by Martin Flanagan, President of the company, who spent a stonking US$3.0m on stock at an average price of US$10.19. There’s no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 7.2%.” data-reactid=”28″>Those following along with Invesco Ltd. (NYSE:IVZ) will no doubt be intrigued by the recent purchase of shares by Martin Flanagan, President of the company, who spent a stonking US$3.0m on stock at an average price of US$10.19. There’s no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 7.2%.
See our latest analysis for Invesco ” data-reactid=”29″> See our latest analysis for Invesco
The Last 12 Months Of Insider Transactions At Invesco
In fact, the recent purchase by Martin Flanagan was the biggest purchase of Invesco shares made by an insider individual in the last twelve months, according to our records. So it’s clear an insider wanted to buy, at around the current price, which is US$11.14. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company’s future. If someone buys shares at well below current prices, it’s a good sign on balance, but keep in mind they may no longer see value. In this case we’re pleased to report that the insider purchases were made at close to current prices.
While Invesco insiders bought shares during the last year, they didn’t sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
list of growing companies with insider buying.” data-reactid=”49″>Invesco is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insider Ownership of Invesco
Many investors like to check how much of a company is owned by insiders. I reckon it’s a good sign if insiders own a significant number of shares in the company. Insiders own 1.8% of Invesco shares, worth about US$93m. 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 Do The Invesco Insider Transactions Indicate?
4 warning signs for Invesco and we suggest you have a look.” data-reactid=”53″>It is good to see recent purchasing. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest Invesco insiders are well aligned, and that they may think the share price is too low. 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. You’d be interested to know, that we found 4 warning signs for Invesco and we suggest you have a look.
collection of high quality companies.” data-reactid=”54″>Of course Invesco may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
Get in touch with us directly. Alternatively, email [email protected].” data-reactid=”56″>This article by Simply Wall St is general in nature. 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.
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