Whilst it may not be a huge deal, we thought it was good to see that the American Outdoor Brands Corporation (NASDAQ:AOBC) Independent Director, Gregory Gluchowski, recently bought US$100k worth of stock, for US$6.12 per share. Even though that isn't a massive buy, it did increase their holding by 56%, which is a arguably a good sign.
The Last 12 Months Of Insider Transactions At American Outdoor Brands
Notably, that recent purchase by Gregory Gluchowski is the biggest insider purchase of American Outdoor Brands shares that we've seen in the last year. We do like to see buying, but this purchase was made at well below the current price of US$7.87. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
In the last twelve months American Outdoor Brands insiders were buying shares, but not selling. The chart below shows insider transactions (by individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does American Outdoor Brands Boast High Insider Ownership?
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. From our data, it seems that American Outdoor Brands insiders own 2.2% of the company, worth about US$9.4m. Whilst better than nothing, we're not overly impressed by these holdings.
What Might The Insider Transactions At American Outdoor Brands Tell Us?
The recent insider purchases are heartening. And the longer term insider transactions also give us confidence. While the overall levels of insider ownership are below what we'd like to see, the history of transactions imply that American Outdoor Brands insiders are reasonably well aligned, and optimistic for the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing American Outdoor Brands. For instance, we've identified 2 warning signs for American Outdoor Brands (1 is significant) you should be aware of.
Of course American Outdoor Brands 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.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. 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. Simply Wall St has no position in the stocks mentioned.
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