Trade Alert: The CEO, MD & Chairman Of GEK TERNA Holdings, Real Estate, Construction S.A. (ATH:GEKTERNA), Goergios Peristeris, Has Just Spent €8.9m Buying Shares

Those following along with GEK TERNA Holdings, Real Estate, Construction S.A. (ATH:GEKTERNA) will no doubt be intrigued by the recent purchase of shares by Goergios Peristeris, CEO, MD & Chairman of the company, who spent a stonking €8.9m on stock at an average price of €4.80. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 13%.

Check out our latest analysis for GEK TERNA Holdings Real Estate Construction

The Last 12 Months Of Insider Transactions At GEK TERNA Holdings Real Estate Construction

Notably, that recent purchase by Goergios Peristeris is the biggest insider purchase of GEK TERNA Holdings Real Estate Construction 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 €5.15. 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 GEK TERNA Holdings Real Estate Construction share holders is that an insider was buying at near the current price. Goergios Peristeris was the only individual insider to buy over the year.

The chart below shows insider transactions (by individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

ATSE:GEKTERNA Recent Insider Trading March 29th 2020
ATSE:GEKTERNA Recent Insider Trading March 29th 2020

GEK TERNA Holdings Real Estate Construction is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Does GEK TERNA Holdings Real Estate Construction Boast High 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. We usually like to see fairly high levels of insider ownership. It appears that GEK TERNA Holdings Real Estate Construction insiders own 15% of the company, worth about €76m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Does This Data Suggest About GEK TERNA Holdings Real Estate Construction Insiders?

It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of GEK TERNA Holdings Real Estate Construction we think they are probably pretty confident of a bright future. While we like knowing 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. Our analysis shows 3 warning signs for GEK TERNA Holdings Real Estate Construction (1 is a bit unpleasant!) and we strongly recommend you look at them before investing.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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, but not derivative transactions.

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