When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in International Personal Finance plc’s (LON:IPF) instance, it’s good news for shareholders.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for International Personal Finance
International Personal Finance Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when CFO & Executive Director Gary Thompson bought UK£39k worth of shares at a price of UK£0.98 per share. Even though the purchase was made at a significantly lower price than the recent price (UK£1.17), we still think insider buying is a positive. Because it occurred…
