Yahoo Finance One Hamilton Beach Brands Holding Company (NYSE:HBB) insider upped their stake by 59% in the previous year
Looking at Hamilton Beach Brands Holding Company's (NYSE:HBB ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for Hamilton Beach Brands Holding
The Last 12 Months Of Insider Transactions At Hamilton Beach Brands Holding
In the last twelve months, the biggest single purchase by an insider was when Independent Director Paul Furlow bought US$163k worth of shares at a price of US$23.24 per share. That means that an insider was happy to buy shares at above the current price of US$15.05. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. Paul Furlow was the only individual insider to buy shares in the last twelve months.
The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Insider Ownership of Hamilton Beach Brands Holding
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Hamilton Beach Brands Holding insiders own about US$63m worth of shares. That equates to 30% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Does This Data Suggest About Hamilton Beach Brands Holding Insiders?
It doesn't really mean much that no insider has traded Hamilton Beach Brands Holding shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Hamilton Beach Brands Holding and their transactions don't cause us concern. 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. For example, Hamilton Beach Brands Holding has 5 warning signs (and 3 which don't sit too well with us) we think you should know about.
But note: Hamilton Beach Brands Holding may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
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.
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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