Yahoo Finance Insider Buying: The Arcosa, Inc. (NYSE:ACA) President Just Bought US$451k Worth Of Shares
Potential Arcosa, Inc. (NYSE:ACA) shareholders may wish to note that the President, Antonio Carrillo, recently bought US$451k worth of stock, paying US$30.07 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 7.1%.
Check out our latest analysis for Arcosa
Arcosa Insider Transactions Over The Last Year
In fact, the recent purchase by Antonio Carrillo was the biggest purchase of Arcosa 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 US$31.16 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the Arcosa insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Antonio Carrillo.
You can see the insider transactions (by individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Arcosa is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
Insider Ownership
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. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 1.1% of Arcosa shares, worth about US$17m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
So What Do The Arcosa Insider Transactions Indicate?
The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of Arcosa we think they are probably pretty confident of a bright future. 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. While conducting our analysis, we found that Arcosa has 1 warning sign and it would be unwise to ignore this.
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, but not derivative transactions.
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