CEO & Director of Aaron's Company Picks Up 13% More Stock
Potential The Aaron's Company, Inc. (NYSE:AAN) shareholders may wish to note that the CEO & Director, Douglas Lindsay, recently bought US$361k worth of stock, paying US$7.22 for each share. That's a very solid buy in our book, and increased their holding by a noteworthy 13%.
See our latest analysis for Aaron's Company
The Last 12 Months Of Insider Transactions At Aaron's Company
Notably, that recent purchase by Douglas Lindsay is the biggest insider purchase of Aaron's Company shares that we've seen in the last year. Even though the purchase was made at a significantly lower price than the recent price (US$8.45), we still think insider buying is a positive. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
Aaron's Company 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. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
Aaron's Company 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.
Insider Ownership Of Aaron's Company
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. Insiders own 2.9% of Aaron's Company shares, worth about US$6.4m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
So What Does This Data Suggest About Aaron's Company Insiders?
The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Aaron's Company stock. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 4 warning signs for Aaron's Company and we suggest you have a look.
Of course Aaron's Company 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 of direct interests only, but not derivative transactions or indirect interests.
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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.
