Infratil CEO & Director Acquires 5.5% More Stock

Simply Wall St · 07/01 18:05

Infratil Limited (NZSE:IFT) shareholders (or potential shareholders) will be happy to see that the CEO & Director, Jason Boyes, recently bought a whopping NZ$1.2m worth of stock, at a price of NZ$10.44. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 5.5%.

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Infratil Insider Transactions Over The Last Year

Notably, that recent purchase by CEO & Director Jason Boyes was not the only time they bought Infratil shares this year. They previously made an even bigger purchase of NZ$5.0m worth of shares at a price of NZ$10.50 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being NZ$10.45). 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.

While Infratil insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

See our latest analysis for Infratil

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NZSE:IFT Insider Trading Volume July 1st 2025

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership Of Infratil

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Infratil insiders own 3.5% of the company, worth about NZ$357m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The Infratil Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Infratil. Looks promising! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Case in point: We've spotted 1 warning sign for Infratil you should be aware of.

Of course Infratil 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.