One G. Willi-Food International Ltd. (NASDAQ:WILC) insider upped their stake by 13% in the previous year
Looking at G. Willi-Food International Ltd.'s (NASDAQ:WILC ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
See our latest analysis for G. Willi-Food International
G. Willi-Food International Insider Transactions Over The Last Year
The Co-Chairman of the Board Zwi Williger made the biggest insider purchase in the last 12 months. That single transaction was for US$1.5m worth of shares at a price of US$21.49 each. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$16.01). It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. The only individual insider to buy over the last year was Zwi Williger.
Zwi Williger purchased 74.40k shares over the year. The average price per share was US$20.98. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
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 G. Willi-Food International
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. G. Willi-Food International insiders own about US$13m worth of shares. That equates to 5.8% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At G. Willi-Food International Tell Us?
It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of G. Willi-Food International we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing G. Willi-Food International. For example, G. Willi-Food International has 3 warning signs (and 1 which can't be ignored) we think you should know about.
Of course G. Willi-Food International 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, 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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