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Beat Kahli Just Bought 4.2% More Shares In VOXX International Corporation (NASDAQ:VOXX)

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Whilst it may not be a huge deal, we thought it was good to see that Beat Kahli, who is a company insider, recently bought US$95k worth of stock, for US$7.90 per share. Although the purchase is not a big one, increasing their shareholding by only 4.2%, it can be interpreted as a good sign.

Check out our latest analysis for VOXX International

The Last 12 Months Of Insider Transactions At VOXX International

Notably, that recent purchase by insider Beat Kahli was not the only time they bought VOXX International shares this year. Earlier in the year, they paid US$4.45 per share in a US$907k purchase. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$8.71. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Beat Kahli bought a total of 383.04k shares over the year at an average price of US$4.00. You can see the insider transactions (by companies and 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!

insider-trading-volume
insider-trading-volume

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.

Does VOXX International Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that VOXX International insiders own 21% of the company, worth about US$44m. 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 VOXX International Insiders?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Given that insiders also own a fair bit of VOXX International we think they are probably pretty confident of a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. When we did our research, we found 2 warning signs for VOXX International (1 is significant!) that we believe deserve your full attention.

But note: VOXX International 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. 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.