Latest news with #JeffDavies
Yahoo
05-05-2025
- Business
- Yahoo
Pleasing Signs As A Number Of Insiders Buy Starpharma Holdings Stock
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Starpharma Holdings Limited's (ASX:SPL) instance, it's good news for shareholders. Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing. We've discovered 2 warning signs about Starpharma Holdings. View them for free. In the last twelve months, the biggest single purchase by an insider was when Independent Non-Executive Director Jeff Davies bought AU$80k worth of shares at a price of AU$0.091 per share. So it's clear an insider wanted to buy, at around the current price, which is AU$0.094. 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 Starpharma Holdings share holders is that insiders were buying at near the current price. Starpharma Holdings insiders may have bought shares in the last year, but they didn't sell any. 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 Starpharma Holdings 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. Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Based on our data, Starpharma Holdings insiders have about 5.0% of the stock, worth approximately AU$2.0m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. I generally like to see higher levels of ownership. There haven't been any insider transactions in the last three months -- that doesn't mean much. But insiders have shown more of an appetite for the stock, over the last year. The transactions are fine but it'd be more encouraging if Starpharma Holdings insiders bought more shares in the company. 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 Starpharma Holdings and understanding them should be part of your investment process. Of course Starpharma Holdings 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. 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. Sign in to access your portfolio
Yahoo
16-04-2025
- Sport
- Yahoo
Bid to protect speedway from development welcomed
Campaigners have welcomed proposals to give a former speedway stadium more protection from development. Rugby Borough Council submitted a proposal as part of its Local Plan to support the restoration of Brandon Stadium in Coventry for speedway or stock car racing, as well as other motorsports and community uses. The council said planning permission at the former site of the Coventry Bees racing team would not be granted for any schemes that conflict with that. Wayne Roberts from the site's former racing team said the council's "forward thinking" had offered some "renewed hope". "We've had so many false dawns so to have the council supporting bringing the stadium back and keeping, it's what people need," he said. "There's so many stock car people that desperately want Brandon back so they can do racing - we need the stadium so we can have some entertainment." The Coventry Bees stopped racing at the stadium, which is currently derelict, in 2016, after failing to reach a deal. The stadium's owners Brandon Estates previously planned to build 124 homes and football pitch with a pavilion, on the site off Rugby Road, but the plans to demolish the speedway for housing were rejected in January 2024. A public consultation on the council's proposal is open until 19 May. Jeff Davies from the campaign group Save Coventry Speedway and Stox (SCS) said gaining more voices to back the authority's plan was "critical" for the site. "We would like to get people who support the restoration of the stadium and the return of the sport to write to the council and state their support for this policy." He said despite how long it had been since the stadium last opened, he believed there would still be a big appetite for the sport. "We've seen what's happened in Oxford, their stadium closed for 15 years and reopened in 2022, the teams there now have the biggest attendance in the country. "It's a sign that people don't know what they've lost until it's gone. They came back in their thousands." Mr Davies added that he was "absolutely sure" it would be the same case in Coventry. Follow BBC Coventry & Warwickshire on BBC Sounds, Facebook, X and Instagram. Deadline passes for speedway stadium appeal Plans to demolish speedway stadium rejected Speedway stadium's fate to be decided next year Rugby Borough Council
BBC News
16-04-2025
- Sport
- BBC News
Coventry speedway stadium restoration plans welcomed
Campaigners have welcomed proposals to give a former speedway stadium more protection from development. Rugby Borough Council submitted a proposal as part of its Local Plan to support the restoration of Brandon Stadium in Coventry for speedway or stock car racing, as well as other motorsports and community uses. The council said planning permission at the former site of the Coventry Bees racing team would not be granted for any schemes that conflict with that. Wayne Roberts from the site's former racing team said the council's "forward thinking" had offered some "renewed hope". "We've had so many false dawns so to have the council supporting bringing the stadium back and keeping, it's what people need," he said."There's so many stock car people that desperately want Brandon back so they can do racing - we need the stadium so we can have some entertainment."The Coventry Bees stopped racing at the stadium, which is currently derelict, in 2016, after failing to reach a stadium's owners Brandon Estates previously planned to build 124 homes and football pitch with a pavilion, on the site off Rugby Road, but the plans to demolish the speedway for housing were rejected in January 2024. 'Support is critical' A public consultation on the council's proposal is open until 19 May. Jeff Davies from the campaign group Save Coventry Speedway and Stox (SCS) said gaining more voices to back the authority's plan was "critical" for the site. "We would like to get people who support the restoration of the stadium and the return of the sport to write to the council and state their support for this policy." He said despite how long it had been since the stadium last opened, he believed there would still be a big appetite for the sport. "We've seen what's happened in Oxford, their stadium closed for 15 years and reopened in 2022, the teams there now have the biggest attendance in the country."It's a sign that people don't know what they've lost until it's gone. They came back in their thousands."Mr Davies added that he was "absolutely sure" it would be the same case in Coventry. Follow BBC Coventry & Warwickshire on BBC Sounds, Facebook, X and Instagram.
