This Article was printed yesterday make of it what you like...

This Article was printed yesterday make of it what you like .................................................Accent Group Limited (ASX:AX1) insiders' AU$12m purchase saw a boost of AU$3.5m after market cap rose AU$87m
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Simply Wall St
Published
August 20, 2022
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Last week, Accent Group Limited(ASX:AX1) insiders, who had purchased shares in the previous 12 months were rewarded handsomely. The shares increased by 11% last week, resulting in a AU$87m increase in the company's market worth. As a result, the stock they originally bought for AU$12m is now worth AU$15m.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Accent Group

The Last 12 Months Of Insider Transactions At Accent Group
Over the last year, we can see that the biggest insider purchase was by Non-Executive Director Brett Blundy for AU$5.6m worth of shares, at about AU$1.28 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of AU$1.67. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

While Accent Group insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

https://images.**.st/asset/chart/10636950-insider-trading-volume-1-dark/1660954156806
ASX:AX1 Insider Trading Volume August 20th 2022
Accent Group is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Accent Group insiders own about AU$343m worth of shares (which is 38% 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.

So What Does This Data Suggest About Accent Group Insiders?
It doesn't really mean much that no insider has traded Accent Group shares in the last quarter. However, our analysis of transactions over the last year is heartening. It would be great to see more insider buying, but overall it seems like Accent Group insiders are reasonably well aligned (owning significant chunk of the company's shares) and optimistic for the future. 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. You'd be interested to know, that we found 2 warning signs for Accent Group and we suggest you have a look. ....Cheers