Co-CEO & Member of the Management Board of Ease2pay Gijs van Lookeren Campagne Buys More Stock
Even if it's not a huge purchase, we think it was good to see that Gijs van Lookeren Campagne, the Co-CEO & Member of the Management Board of Ease2pay N.V. (AMS:EAS2P) recently shelled out €46k to buy stock, at €0.46 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.
Ease2pay Insider Transactions Over The Last Year
Notably, that recent purchase by Gijs van Lookeren Campagne is the biggest insider purchase of Ease2pay shares that we've seen in the last year. That implies that an insider found the current price of €0.49 per share to be enticing. 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. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. The good news for Ease2pay share holders is that an insider was buying at near the current price. Gijs van Lookeren Campagne was the only individual insider to buy shares in the last twelve months.
Gijs van Lookeren Campagne purchased 130.00k shares over the year. The average price per share was €0.46. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
See our latest analysis for Ease2pay
Ease2pay is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Insider Ownership Of Ease2pay
Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 16% of Ease2pay shares, worth about €1.8m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
What Might The Insider Transactions At Ease2pay Tell Us?
It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Given that insiders also own a fair bit of Ease2pay we think they are probably pretty confident of a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. In terms of investment risks, we've identified 2 warning signs with Ease2pay and understanding these should be part of your investment process.
But note: Ease2pay may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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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