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Paycor HCM, Inc. (NASDAQ:PYCR) shareholders (or potential shareholders) will be happy to see that the CEO, President & Director, Raul Villar, recently bought a whopping US$734k worth of stock, at a price of US$29.35. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 17%.
Paycor HCM Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when Chief Revenue Officer Charles Mueller bought US$1.3m worth of shares at a price of US$23.00 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$29.00. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.
In the last twelve months Paycor HCM insiders were buying shares, but not selling. 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!
Paycor HCM is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
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. From looking at our data, insiders own US$3.0m worth of Paycor HCM stock, about 0.06% of the company. We consider this fairly low insider ownership.
So What Do The Paycor HCM Insider Transactions Indicate?
It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. But we don't feel the same about the fact the company is making losses. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Paycor HCM insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Paycor HCM. Every company has risks, and we've spotted 2 warning signs for Paycor HCM you should know about.
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.
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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.