Meet the ASX All Ords shares that management is buying up

These shares have all seen significant insider buying over the past week.

Three people in a corporate office pour over a tablet, ready to invest.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Whenever an S&P/ASX All Ordinaries Index (ASX: XAO) share has its insiders or management team buying up shares, investors usually sit up and pay attention.

As the old saying goes, 'money talks'. And there is arguably no vote of confidence more encouraging in an insider's own company than seeing said insider using their own money to buy shares.

So today, let's discuss a few ASX All Ords shares that have experienced this very thing over the past week or so.

4 ASX All Ords shares that have seen insider buying

Healius Ltd (ASX: HLS)

First up is ASX All Ords healthcare stock Healius. We have not one, but two directors of Healius buying up shares in recent days. An ASX filing from 4 December shows that a Mrs. Sally Stanford, presumably the wife of Healius non-executive director Dr. Michael Stanford, has initiated a position in the company. Mrs. Stanford previously held no shares of Healius.

But the filing shows that she picked up 32,468 shares on 1 December in an on-market trade, averaging $1.535 per share. That would have set her back by approximately $49,838.

But we also had a trade executed by Dr. Stanford's fellow non-executive director and interim chair, Kathryn McKenzie. On 4 December, McKenzie more than doubled her stake in Healius, acquiring 53,000 ordinary shares at an average price of $1.52 (worth $80,560). That brings her total shareholding to just over 90,000 shares.


ASX All Ords building products share CSR is next. CSR has recently seen non-executive director Christy Boyce acquire an additional 10,000 CSR shares indirectly, doubling the stake in a family trust she is a beneficiary of to 20,000 shares.

Boyce acquired these shares on 30 November, paying $5.85 each for them on average. That would have set her back $58,500.

Accent Group Ltd (ASX: AX1)

Then we have footwear retailer Accent Group to discuss. An ASX filing from 1 December shows new independent non-executive director Anne Loveridge initiated a position in Accent Group, buying up 30,000 shares in the company on 30 November.

Loveridge paid an average of $1.741 per share for this on-market purchase, totalling $52,230.

Karoon Energy Ltd (ASX: KAR)

Finally, let's talk about oil stock Karoon Energy. None other than Karoon's chair, Peter Botten, has just picked up 50,000 Karoon shares, initiating a position in the company he steers.

Botten bought the shares on 1 December indirectly for a trust he has an interest in. He paid an average of $2.04 per share, implying a total spend of $102,000. Perhaps Botten is taking advantage of Karoon's recent share price slump.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Accent Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Market News

A woman is excited as she reads the latest rumour on her phone.
Broker Notes

Goldman Sachs says this US stock is replacing Tesla in the Magnificent Seven

And no, it's not a tech company. It's in the healthcare sector.

Read more »

ETF written in gold with dollar signs on coin.

4 hot ASX ETFs smashing all-time highs on Thursday

ETFs are on fire this Thursday.

Read more »

A woman with short brown hair and wearing a yellow top looks at the camera with a puzzled and shocked look on her face as the Westpac share price goes down for no reason today
Share Fallers

Why Australian Finance Group, Chalice, DroneShield, and ResMed are sinking today

These ASX shares are having a tough time on Thursday. But why?

Read more »

A young male ASX investor raises his clenched fists in excitement because of rising ASX share prices today
Share Gainers

Why Harvey Norman, Macquarie Technology, Ramsay Health Care, and Star are rising

These ASX shares are having a strong day. But why?

Read more »

A young woman dressed in street clothes leaps happily in the air with the focus on her bright red boots that are front and centre for the camera.

I'm listening to Warren Buffett and loading up on cheap ASX shares in March

I love the look of these stocks at these prices.

Read more »

A young woman sits on her bed holding a cup of coffee inside her recreational vehicle hired through the Camplify website
Cheap Shares

2 cheap ASX shares to add to your portfolio before they get expensive

I reckon this duo could see their stock prices rocket after they brush off temporary setbacks.

Read more »

Business woman watching stocks and trends while thinking
Share Market News

5 things to watch on the ASX 200 on Thursday

Will investors be leaping for joy on 29 February?

Read more »

A young man goes over his finances and investment portfolio at home.
Growth Shares

1 ASX growth stock down 30% to buy right now

The market has reacted badly to this ASX 200 company's half-year result. This could be your chance to get in.

Read more »