Whilst it may not be a huge deal, we thought it was good to see that the TT Electronics plc (LON:TTG) Independent Non-Executive Director, Stephen King, recently bought UK£47k worth of stock, for UK£1.87 per share. That purchase might not be huge but it did increase their holding by 20%.

View our latest analysis for TT Electronics

TT Electronics Insider Transactions Over The Last Year

In fact, the recent purchase by Stephen King was the biggest purchase of TT Electronics 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 UK£1.90 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. 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. The good news for TT Electronics share holders is that insiders were buying at near the current price.

While TT Electronics insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does TT Electronics Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. From looking at our data, insiders own UK£3.4m worth of TT Electronics stock, about 1.0% of the company. We prefer to see high levels of insider ownership.

What Might The Insider Transactions At TT Electronics Tell Us?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that TT Electronics insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing TT Electronics. At Simply Wall St, we've found that TT Electronics has 4 warning signs (1 is a bit concerning!) that deserve your attention before going any further with your analysis.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list 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.

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