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James Standen Is The Chief Financial Officer of Compass Minerals International, Inc. (NYSE:CMP) And They Just Spent US$99k On Shares

Simply Wall St
·3 min read

Even if it's not a huge purchase, we think it was good to see that James Standen, the Chief Financial Officer of Compass Minerals International, Inc. (NYSE:CMP) recently shelled out US$99k to buy stock, at US$39.50 per share. That purchase might not be huge but it did increase their holding by 47%.

See our latest analysis for Compass Minerals International

The Last 12 Months Of Insider Transactions At Compass Minerals International

In the last twelve months, the biggest single purchase by an insider was when Independent Non-Executive Chairman Richard Grant bought US$105k worth of shares at a price of US$52.54 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$40.01). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

In the last twelve months Compass Minerals International insiders were buying shares, but not selling. The chart below shows insider transactions (by individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

NYSE:CMP Recent Insider Trading March 27th 2020
NYSE:CMP Recent Insider Trading March 27th 2020

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Does Compass Minerals International Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. From looking at our data, insiders own US$2.9m worth of Compass Minerals International stock, about 0.2% of the company. I generally like to see higher levels of ownership.

What Might The Insider Transactions At Compass Minerals International Tell Us?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that Compass Minerals International insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Compass Minerals International. Case in point: We've spotted 3 warning signs for Compass Minerals International you should be aware of, and 1 of these makes us a bit uncomfortable.

But note: Compass Minerals 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.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. 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. Simply Wall St has no position in the stocks mentioned.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.