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President Joseph Dziedzic Just Bought 6.7% More Shares In Integer Holdings Corporation (NYSE:ITGR)

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Simply Wall St
·3 min read
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Investors who take an interest in Integer Holdings Corporation (NYSE:ITGR) should definitely note that the President, Joseph Dziedzic, recently paid US$58.12 per share to buy US$291k worth of the stock. Although the purchase only increased their holding by 6.7%, it is still a solid purchase in our view.

Check out our latest analysis for Integer Holdings

Integer Holdings Insider Transactions Over The Last Year

The Executive Vice President of Quality & Regulatory Affairs, Joseph Flanagan, made the biggest insider sale in the last 12 months. That single transaction was for US$452k worth of shares at a price of US$85.18 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$65.99). So it may not tell us anything about how insiders feel about the current share price. The only individual insider seller over the last year was Joseph Flanagan.

Joseph Dziedzic purchased 8.20k shares over the year. The average price per share was US$60.77. 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!

insider-trading-volume
insider-trading-volume

Integer Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership of Integer Holdings

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. It appears that Integer Holdings insiders own 1.4% of the company, worth about US$30m. 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 Integer Holdings Tell Us?

It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in Integer Holdings shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Our analysis shows 2 warning signs for Integer Holdings (1 makes us a bit uncomfortable!) and we strongly recommend you look at these before investing.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.

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. 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.