AtkinsRéalis Group Chief Financial Officer Acquires 12% More Stock

AtkinsRéalis Group Inc. (TSE:ATRL) shareholders (or potential shareholders) will be happy to see that the Chief Financial Officer, Jeffrey Bell, recently bought a whopping CA$900k worth of stock, at a price of CA$89.95. Not only is that a big swing, but it increased their holding size by 12%, which is definitely great to see.

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The Last 12 Months Of Insider Transactions At AtkinsRéalis Group

Notably, that recent purchase by Jeffrey Bell is the biggest insider purchase of AtkinsRéalis Group shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is CA$90.45. Of course they may have changed their mind. But this suggests they are optimistic. 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. In this case we're pleased to report that the insider bought shares at close to current prices. Jeffrey Bell was the only individual insider to buy during the last year.

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!

See our latest analysis for AtkinsRéalis Group

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Insider Ownership

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. AtkinsRéalis Group insiders own about CA$53m worth of shares. That equates to 0.4% of the company. 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 AtkinsRéalis Group Insider Transactions Indicate?

The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest AtkinsRéalis Group insiders are well aligned, and that they may think the share price is too low. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. In terms of investment risks, we've identified 2 warning signs with AtkinsRéalis Group and understanding them should be part of your investment process.

But note: AtkinsRéalis Group 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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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.