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Stock impact report

Positive Signs As Multiple Insiders Buy Mitie Group Stock [Yahoo! Finance]

MITIE GROUP PLC UNSP/ADR (MITFY) 
NASDAQ:AMEX Investor Relations: mitie.com/investors
Company Research Source: Yahoo! Finance
Group plc (LON:MTO), that sends out a positive message to the company's shareholders. Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing. View our latest analysis for Mitie Group Mitie Group Insider Transactions Over The Last Year The CEO & Executive Director Phil Bentley made the biggest insider purchase in the last 12 months. That single transaction was for UK£258k worth of shares at a price of UK£1.02 each. That means that an insider was happy to buy shares at above the current price of UK£0.96. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Mitie Group insiders may ha Show less Read more
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