Investors who take an interest in Rural Funds Group (ASX:RFF) should definitely note that the MD & Director of Rural Funds Management Limited, David Bryant, recently paid AU$2.47 per share to buy AU$505k worth of the stock. Although the purchase only increased their holding by 6.0%, it is still a solid purchase in our view. See our latest analysis for Rural Funds Group Rural Funds Group Insider Transactions Over The Last Year In fact, the recent purchase by David Bryant was the biggest purchase of Rural Funds Group shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of AU$2.47 per share to be enticing. 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. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider purchases were made at close to current prices. While Rural Funds Group 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! insider-trading-volume There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this freelist of growing companies that insiders are buying. Insider Ownership of Rural Funds Group Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 1.5% of Rural Funds Group shares, worth about AU$13m, according to our data. We do generally prefer see higher levels of insider ownership. So What Does This Data Suggest About Rural Funds Group Insiders? It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in Rural Funds Group shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. When we did our research, we found 5 warning signs for Rural Funds Group (2 don't sit too well with us!) that we believe deserve your full attention. 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. 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. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
Insider Buying: The Rural Funds Group (ASX:RFF) MD & Director of Rural Funds Management Limited Just Bought 6.0% More Shares
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