Donald Meij Is The MD, Group CEO & Director of Domino's Pizza Enterprises Limited (ASX:DMP) And Just Spent AU$992k On Shares

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Domino's Pizza Enterprises Limited (ASX:DMP) shareholders (or potential shareholders) will be happy to see that the MD, Group CEO & Director, Donald Meij, recently bought a whopping AU$992k worth of stock, at a price of AU$55.23. While that only increased their holding size by 1.0%, it is still a big swing by our standards.

See our latest analysis for Domino's Pizza Enterprises

The Last 12 Months Of Insider Transactions At Domino's Pizza Enterprises

In fact, the recent purchase by Donald Meij was the biggest purchase of Domino's Pizza Enterprises shares made by an insider individual in the last twelve months, according to our records. That implies that an insider found the current price of AU$62.36 per share to be enticing. 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. In this case we're pleased to report that the insider purchases were made at close to current prices.

While Domino's Pizza Enterprises insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
insider-trading-volume

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Domino's Pizza Enterprises

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. Domino's Pizza Enterprises insiders own 4.8% of the company, currently worth about AU$261m based on the recent share price. 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 Domino's Pizza Enterprises Insiders?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Domino's Pizza Enterprises. That's what I like to see! 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. Every company has risks, and we've spotted 1 warning sign for Domino's Pizza Enterprises you should know about.

But note: Domino's Pizza Enterprises 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, but not derivative transactions.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This 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.

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