Potential GQG Partners Inc. (ASX:GQG) shareholders may wish to note that the Founder, Rajiv Jain, recently bought AU$534k worth of stock, paying AU$1.94 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 9.9%.
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In fact, the recent purchase by Rajiv Jain was the biggest purchase of GQG Partners 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$2.03 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. In this case we're pleased to report that the insider purchases were made at close to current prices.
In the last twelve months GQG Partners insiders were buying shares, but not selling. The average buy price was around AU$2.20. This is nice to see since it implies that insiders might see value around current prices. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
View our latest analysis for GQG Partners
GQG Partners 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.
Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. GQG Partners insiders own about AU$4.4b worth of shares (which is 74% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about GQG Partners. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing GQG Partners. Case in point: We've spotted 1 warning sign for GQG Partners you should be aware of.
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 of direct interests only, but not derivative transactions or indirect interests.
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