One Booking Holdings Inc. (NASDAQ:BKNG) insider upped their stake by 32% in the previous year
Insiders were net buyers of Booking Holdings Inc.'s (NASDAQ:BKNG ) stock during the past year. That is, insiders bought more stock than they sold.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
View our latest analysis for Booking Holdings
The Last 12 Months Of Insider Transactions At Booking Holdings
The Independent Chairman Robert Mylod made the biggest insider purchase in the last 12 months. That single transaction was for US$967k worth of shares at a price of US$1,934 each. That means that an insider was happy to buy shares at above the current price of US$1,874. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Robert Mylod was the only individual insider to buy shares in the last twelve months.
Robert Mylod purchased 1.00k shares over the year. The average price per share was US$1,923. 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!
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
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. Booking Holdings insiders own 0.2% of the company, currently worth about US$150m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
What Might The Insider Transactions At Booking Holdings Tell Us?
The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Booking Holdings. Nice! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Booking Holdings. While conducting our analysis, we found that Booking Holdings has 1 warning sign and it would be unwise to ignore it.
But note: Booking 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.
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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.
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