It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in discoverIE Group plc’s (LON:DSCV) case, it’s fantastic news for 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.
The Last 12 Months Of Insider Transactions At discoverIE Group
The Independent Non-Executive Chairman Bruce Thompson made the biggest insider purchase in the last 12 months. That single transaction was for UK£91k worth of shares at a price of UK£6.07 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of UK£7.38. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn’t tell us much about what they think of current prices.
discoverIE Group insiders may have bought shares in the last year, but they didn’t sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Check out our latest analysis for discoverIE Group
LSE:DSCV Insider Trading Volume May 23rd 2026
discoverIE Group is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership Of discoverIE Group
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it’s a good sign if insiders own a significant number of shares in the company. It appears that discoverIE Group insiders own 2.0% of the company, worth about UK£14m. We’ve certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Do The discoverIE Group Insider Transactions Indicate?
It doesn’t really mean much that no insider has traded discoverIE Group shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. Overall we don’t see anything to make us think discoverIE Group insiders are doubting the company, and they do own shares. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for discoverIE Group.
Of course discoverIE Group may not be the best stock to buy. So you may wish to see this free collection of high quality 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 of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.