Yahoo Finance One Peter Warren Automotive Holdings Limited (ASX:PWR) insider upped their stake in the previous year
From what we can see, insiders were net buyers in Peter Warren Automotive Holdings Limited's (ASX:PWR ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
See our latest analysis for Peter Warren Automotive Holdings
The Last 12 Months Of Insider Transactions At Peter Warren Automotive Holdings
In the last twelve months, the biggest single purchase by an insider was when insider Rebecca Frizelle bought AU$1.5m worth of shares at a price of AU$2.90 per share. That means that an insider was happy to buy shares at around the current price of AU$2.91. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. 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. Happily, the Peter Warren Automotive Holdings insider decided to buy shares at close to current prices. Rebecca Frizelle was the only individual insider to buy during the last year.
The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Peter Warren Automotive Holdings 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 Peter Warren Automotive Holdings Boast High 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. Peter Warren Automotive Holdings insiders own 40% of the company, currently worth about AU$195m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
What Might The Insider Transactions At Peter Warren Automotive Holdings Tell Us?
The fact that there have been no Peter Warren Automotive Holdings insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. With high insider ownership and encouraging transactions, it seems like Peter Warren Automotive Holdings insiders think the business has merit. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Peter Warren Automotive Holdings. For example - Peter Warren Automotive Holdings has 1 warning sign we think you should be aware of.
But note: Peter Warren Automotive Holdings 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.
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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.
