FTI Consulting, Inc. (NYSE:FCN) shareholders (or potential shareholders) will be happy to see that the CEO & Chairman, Steven Gunby, recently bought a whopping US$1.1m worth of stock, at a price of US$151. While that only increased their holding size by 2.6%, it is still a big swing by our standards.

FTI Consulting Insider Transactions Over The Last Year

Notably, that recent purchase by Steven Gunby is the biggest insider purchase of FTI Consulting shares that we've seen in the last year. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$170. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

FTI Consulting is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Does FTI Consulting Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. FTI Consulting insiders own 2.1% of the company, currently worth about US$105m 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.

What Might The Insider Transactions At FTI Consulting Tell Us?

The recent insider purchase is heartening. 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 FTI Consulting. That's what I like to see! Therefore, you should definitely take a look at this FREE report showing analyst forecasts for FTI Consulting.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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.

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.