logo
#

Latest news with #HamishDouglass

Magellan veteran Nikki Thomas has one eye on the chopper
Magellan veteran Nikki Thomas has one eye on the chopper

AU Financial Review

time06-05-2025

  • Business
  • AU Financial Review

Magellan veteran Nikki Thomas has one eye on the chopper

Hamish Douglass barging into the 2025 discourse like the Kool Aid man is a fun turn. His torturous exit from Magellan came amid a remarkable multi-year, many-billion dollar decline at the ASX-listed fund manager. But the Maccas-eating planker has returned. He popped up at The Australian bragging about his stake in Guzman y Gomez in February. On Monday, there he was in this masthead talking up his investment in MotorCycle Holdings, the country's largest motorcycle seller.

MotorCycle Holdings Insiders Placed Bullish Bets Worth AU$6.00m
MotorCycle Holdings Insiders Placed Bullish Bets Worth AU$6.00m

Yahoo

time24-03-2025

  • Business
  • Yahoo

MotorCycle Holdings Insiders Placed Bullish Bets Worth AU$6.00m

Over the last year, a good number of insiders have significantly increased their holdings in MotorCycle Holdings Limited (ASX:MTO). This is encouraging because it indicates that insiders are more optimistic about the company's prospects. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing. Over the last year, we can see that the biggest insider purchase was by insider Hamish Douglass for AU$5.3m worth of shares, at about AU$1.55 per share. Even though the purchase was made at a significantly lower price than the recent price (AU$2.05), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive. While MotorCycle Holdings insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! View our latest analysis for MotorCycle Holdings MotorCycle Holdings is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that MotorCycle Holdings insiders own 40% of the company, worth about AU$60m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders. There haven't been any insider transactions in the last three months -- that doesn't mean much. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in MotorCycle Holdings and their transactions don't cause us concern. 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. While conducting our analysis, we found that MotorCycle Holdings has 2 warning signs and it would be unwise to ignore these. But note: MotorCycle Holdings 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. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store