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Stock impact report

Bullish Standard Bank Group Insiders Loaded Up On R50.5m Of Stock [Yahoo! Finance]

STANDARD BANK GRP SP/ADR (SGBLY) 
NASDAQ:AMEX Investor Relations: reporting.standardbank.com
Company Research Source: Yahoo! Finance
because it indicates that insiders are more optimistic about the company's prospects. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares. View our latest analysis for Standard Bank Group Standard Bank Group Insider Transactions Over The Last Year In the last twelve months, the biggest single purchase by an insider was when Group CEO & Executive Director Simpiwe Tshabalala bought R20m worth of shares at a price of R185 per share. That means that an insider was happy to buy shares at above the current price of R179. 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. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it sugges Show less Read more
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