Lamb Weston Holdings, Inc. (NYSE:LW) shareholders (or potential shareholders) will be happy to see that the Non-Executive Chairman, William Jurgensen, recently bought a whopping US$1.7m worth of stock, at a price of US$92.01. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 14%.
The Last 12 Months Of Insider Transactions At Lamb Weston Holdings
In fact, the recent purchase by William Jurgensen was the biggest purchase of Lamb Weston Holdings shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than US$90.48 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. 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. William Jurgensen was the only individual insider to buy shares in the last twelve months.
Over the last year we saw more insider selling of Lamb Weston Holdings shares, than buying. You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It appears that Lamb Weston Holdings insiders own 0.6% of the company, worth about US$73m. 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 Lamb Weston Holdings Insider Transactions Indicate?
Unfortunately, there has been more insider selling of Lamb Weston Holdings stock, than buying, in the last three months. Despite some insider buying, the longer term picture doesn’t make us feel much more positive. On the plus side, Lamb Weston Holdings makes money, and is growing profits. Insider ownership isn’t particularly high, so this analysis makes us cautious about the company. So we’d only buy after careful consideration. Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for Lamb Weston Holdings.
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.
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.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.
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