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James Zemlyak Is The Co-President & Head of Global Wealth Management of Stifel Financial Corp. (NYSE:SF) And They Just Picked Up 1.6% More Shares

Those following along with Stifel Financial Corp. (NYSE:SF) will no doubt be intrigued by the recent purchase of shares by James Zemlyak, Co-President & Head of Global Wealth Management of the company, who spent a stonking US$1.1m on stock at an average price of US$56.06. While that only increased their holding size by 1.6%, it is still a big swing by our standards.

Check out our latest analysis for Stifel Financial

The Last 12 Months Of Insider Transactions At Stifel Financial

Notably, that recent purchase by James Zemlyak is the biggest insider purchase of Stifel Financial shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$59.09. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Stifel Financial share holders is that insiders were buying at near the current price.

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Stifel Financial insiders may have bought shares in the last year, but they didn't sell any. 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

Stifel Financial is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Stifel Financial 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. It's great to see that Stifel Financial insiders own 3.5% of the company, worth about US$219m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Do The Stifel Financial Insider Transactions Indicate?

The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Stifel Financial insiders are well aligned, and quite possibly think the share price is too low. One for the watchlist, at least! 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. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Stifel Financial.

Of course Stifel Financial may not be the best stock to buy. So you may wish to see this free collection of high quality 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.

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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