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Bullish James River Group Holdings, Ltd. (NASDAQ:JRVR) insiders filled their treasuries with US$2.5m worth of stock over last year

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In the last year, multiple insiders have substantially increased their holdings of James River Group Holdings, Ltd. (NASDAQ:JRVR) stock, indicating that insiders' optimism about the company's prospects has increased.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

Check out our latest analysis for James River Group Holdings

The Last 12 Months Of Insider Transactions At James River Group Holdings

Over the last year, we can see that the biggest insider purchase was by CEO & Director Frank D’Orazio for US$1.0m worth of shares, at about US$20.64 per share. Even though the purchase was made at a significantly lower price than the recent price (US$24.71), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

While James River Group Holdings insiders bought shares during the last year, they didn't sell. 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!

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.

Insiders at James River Group Holdings Have Bought Stock Recently

Over the last three months, we've seen significant insider buying at James River Group Holdings. Overall, 10 insiders shelled out US$2.4m for shares in the company -- and none sold. This makes one think the business has some good points.

Insider Ownership of James River Group Holdings

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. A high insider ownership often makes company leadership more mindful of shareholder interests. James River Group Holdings insiders own about US$30m worth of shares. That equates to 3.3% of the company. 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 Does This Data Suggest About James River Group Holdings Insiders?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Insiders likely see value in James River Group Holdings shares, given these transactions (along with notable insider ownership of the company). Therefore, you should definitely take a look at this FREE report showing analyst forecasts for James River Group Holdings.

But note: James River Group 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.

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.