U.S. markets close in 4 hours 34 minutes
  • S&P 500

    4,204.15
    +81.68 (+1.98%)
     
  • Dow 30

    33,331.86
    +557.45 (+1.70%)
     
  • Nasdaq

    12,810.98
    +317.05 (+2.54%)
     
  • Russell 2000

    1,962.68
    +49.79 (+2.60%)
     
  • Crude Oil

    89.23
    -1.27 (-1.40%)
     
  • Gold

    1,815.50
    +3.20 (+0.18%)
     
  • Silver

    20.74
    +0.25 (+1.24%)
     
  • EUR/USD

    1.0350
    +0.0132 (+1.29%)
     
  • 10-Yr Bond

    2.7480
    -0.0490 (-1.75%)
     
  • GBP/USD

    1.2252
    +0.0176 (+1.46%)
     
  • USD/JPY

    132.4780
    -2.6380 (-1.95%)
     
  • BTC-USD

    23,976.69
    +832.22 (+3.60%)
     
  • CMC Crypto 200

    564.65
    +33.43 (+6.29%)
     
  • FTSE 100

    7,504.33
    +16.18 (+0.22%)
     
  • Nikkei 225

    27,819.33
    -180.63 (-0.65%)
     

As Hawkins, Inc.'s (NASDAQ:HWKN) market cap increased US$90m, insiders who bought last year may be reflecting on buying more

  • Oops!
    Something went wrong.
    Please try again later.
·3 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Hawkins, Inc. (NASDAQ:HWKN) insiders who purchased shares in the last 12 months were richly rewarded last week. The stock climbed by 12% resulting in a US$90m addition to the company’s market value. In other words, the original US$91k purchase is now worth US$91k.

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.

Check out our latest analysis for Hawkins

Hawkins Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Executive VP Jeffrey Oldenkamp for US$91k worth of shares, at about US$39.75 per share. So it's clear an insider wanted to buy, at around the current price, which is US$39.75. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the Hawkins insider decided to buy shares at close to current prices. The only individual insider to buy over the last year was Jeffrey Oldenkamp.

You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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.

Insider Ownership Of Hawkins

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Hawkins insiders own about US$36m worth of shares. That equates to 4.3% 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.

What Might The Insider Transactions At Hawkins Tell Us?

The fact that there have been no Hawkins insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. Overall we don't see anything to make us think Hawkins insiders are doubting the company, and they do own shares. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that Hawkins has 1 warning sign and it would be unwise to ignore it.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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, 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.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here