Papoutsanis CEO & Executive Member Acquires 2.2% More Stock

Those following along with Papoutsanis S.A. (ATH:PAP) will no doubt be intrigued by the recent purchase of shares by Menelaos Tassopoulos, CEO & Executive Member of the company, who spent a stonking €495k on stock at an average price of €3.30. 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 2.2%.

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Papoutsanis Insider Transactions Over The Last Year

In fact, the recent purchase by Menelaos Tassopoulos was the biggest purchase of Papoutsanis 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 €3.39 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. The good news for Papoutsanis share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Menelaos Tassopoulos.

Menelaos Tassopoulos bought a total of 200.50k shares over the year at an average price of €3.42. 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 Papoutsanis

Papoutsanis 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

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. It's great to see that Papoutsanis insiders own 46% of the company, worth about €42m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Papoutsanis Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. 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 Papoutsanis. That's what I like to see! 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. You'd be interested to know, that we found 2 warning signs for Papoutsanis and we suggest you have a look.

Of course Papoutsanis 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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