Published on 16 Apr 2024 on Simply Wall St. via Yahoo Finance
Insider Buyers At Superdry Likely Disappointed With 19% Slide
Insiders who bought UK£1.37m worth of Superdry plc's (LON:SDRY) stock at an average buy price of UK£0.52 over the last year may be disappointed by the recent 19% decrease in the stock. Insiders purchase with the hope of seeing their investments increase in value over time. However, due to recent losses, their initial investment is now only worth UK£210.1k, which is not great.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.