Paul Jewer Is The Executive VP & CFO of High Liner Foods Incorporated (TSE:HLF) And They Just Picked Up 42% More Shares
Even if it's not a huge purchase, we think it was good to see that Paul Jewer, the Executive VP & CFO of High Liner Foods Incorporated (TSE:HLF) recently shelled out CA$52k to buy stock, at CA$13.06 per share. That purchase might not be huge but it did increase their holding by 42%.
Check out our latest analysis for High Liner Foods
High Liner Foods Insider Transactions Over The Last Year
There wasn't any very large single transaction over the last year, but we can still observe some trading.
High Liner Foods insiders may have bought shares in the last year, but they didn't sell any. The chart below shows insider transactions (by companies and individuals) over the last year. 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 High Liner Foods
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. High Liner Foods insiders own about CA$15m worth of shares. That equates to 3.2% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Do The High Liner Foods Insider Transactions Indicate?
It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in High Liner Foods shares, given these transactions (along with notable insider ownership of the company). So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For instance, we've identified 2 warning signs for High Liner Foods (1 makes us a bit uncomfortable) you should be aware of.
Of course High Liner Foods 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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