3 fallen ASX All Ord shares insiders are buying this month

Significant declines have led to insiders seeing an opportunity to grow their holding.

| More on:
a man in a business suit holds his hand up to his mouth as though sharing a secret and gives a sly grin.

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

The S&P/ASX All Ordinaries (ASX: XAO) is going through some volatility in September. And a few insiders have jumped on the better value that's on offer from ASX All Ords shares.

The market is normally wary when a director sells shares. While there may be a legitimate reason for the sale, such as a large tax bill or a property purchase, it can cause a worry that some bad news is incoming.

However, there may only be one good reason for an investment – they think it's good value.

So, let's look at which businesses have received the financial backing of leadership figures.

Endeavour Group Ltd (ASX: EDV)

The operator of Dan Murphy's, BWS, and numerous hotels has seen a significant decline over the past two years. The ASX All Ords share is down by 40% since August 2022.

Created with Highcharts 11.4.3Endeavour Group PriceZoom1M3M6MYTD1Y5Y10YALL1 Aug 20225 Sep 2024Zoom ▾Oct '22Jan '23Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Jan '23Jan '23Jul '23Jul '23Jan '24Jan '24Jul '24Jul '24www.fool.com.au

On 2 September 2024, 4,836 non-executive director (NED) equity plan share rights were vested and converted into ordinary Endeavour shares (purchased on-market) by independent director Joanne Pollard at a price of $5.17 per share for a total value of approximately $25,000.

It was a similar event for independent Endeavor director Duncan Makeig. On 2 September 2024, 4,827 NEV equity plan share rights were vested and converted into ordinary shares for $5.18 per share, purchased on-market for a total value of approximately $25,000.

At the time of writing, Endeavour shares are up 1% today.  

Dicker Data Ltd (ASX: DDR)

Dicker Data describes itself as a technology hardware, software and cloud distributor business. It acts as the distributor for numerous computer and technology brands.

In the last six months, the Dicker Data share price is down by around 25%.

Created with Highcharts 11.4.3Dicker Data PriceZoom1M3M6MYTD1Y5Y10YALL5 Mar 20245 Sep 2024Zoom ▾Apr '24May '24Jun '24Jul '24Aug '24Sep '24May '24May '24Jul '24Jul '24Sep '24S…Sep '24S…www.fool.com.au

Mary Stojcevski's investment entity decided to buy 5,000 Dicker Data shares on 3 September 2024 for $9.19 per share. That's a total investment of approximately $46,000.

Vladimir Mitnovetski purchased 5,000 Dicker Data shares directly on 4 September 2024 for $9.10 per share at a total cost of approximately $45,500.   

At the time of writing, the ASX All Ords share is up slightly by 0.1% today.

Pilbara Minerals Ltd (ASX: PLS)

Pilbara Minerals is one of the largest ASX lithium shares, with its large Pilgangoora project.

In the last six months alone, the Pilbara Minerals share price is down by close to 40%.

Created with Highcharts 11.4.3Pilbara Minerals PriceZoom1M3M6MYTD1Y5Y10YALL5 Mar 20245 Sep 2024Zoom ▾Apr '24May '24Jun '24Jul '24Aug '24Sep '24May '24May '24Jul '24Jul '24Sep '24S…Sep '24S…www.fool.com.au

Stephen Conlon, the spouse of non-executive chair Kathleen Conlon, has bought another 30,000 Pilbara Minerals shares, bringing his total holding to 81,733 shares.

The cost of the investment on September 2 2024 was $85,800, so the cost per share was approximately $2.86. That means the ASX All Ords share is down more than 10% since this investment just a few days ago.

Motley Fool contributor Tristan Harrison 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 positions in and has recommended Dicker Data. 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 male ASX 200 broker wearing a blue shirt and black tie holds one hand to his chin with the other arm crossed across his body as he watches stock prices on a digital screen while deep in thought
Share Market News

5 things to watch on the ASX 200 on Thursday

Here's what to expect on the local market today.

Read more »

A young woman smiles as she rides a zip line high above the trees.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a bountiful session for investors this hump day.

Read more »

An excited man stretches his arms out above his head as he reaches a mountain peak.
Record Highs

Breaking: CBA shares hit a new record of $180

CBA shares can't possibly keep rising can they?

Read more »

A happy young couple celebrate a win by jumping high above their new sofa.
52-Week Highs

Guess which ASX 200 furniture retailer is up 400% in 5 years?

Up 400% over the past five years is not bad for a furniture retailer. Here's why this quiet compounder has…

Read more »

Arrows pointing upwards with a man pointing his finger at one.
Share Market News

Morgans says these ASX stocks can rise 30% to 80%

These shares could be cheap according to the broker. Let's see what it is saying.

Read more »

Two people shaking hands in the boardroom on a merger.
Mergers & Acquisitions

What did Macquarie make of the Brickworks and Soul Patts merger?

Macquarie sees simplification, scale, and upside… but it also has a warning..

Read more »

A cool young man walking in a laneway holding a takeaway coffee in one hand and his phone in the other reacts with surprise as he reads the latest news on his mobile phone
Mergers & Acquisitions

PointsBet share price surges 11% on improved takeover offer

The bidding war for PointsBet shares continues apace today.

Read more »

A man has a surprised and relieved expression on his face. as he raises his hands up to his face in response to the high fluctuations in the Galileo share price today
Broker Notes

Leading broker tips 50%+ upside for IDP Education shares

The team at Macquarie thinks this beaten down stock could be a buy.

Read more »