Even if it’s not a huge purchase, we think it was good to see that Ellen Costello, the Independent Director of Diebold Nixdorf, Incorporated (NYSE:DBD) recently shelled out US$69k to buy stock, at US$8.67 per share. That purchase might not be huge but it did increase their holding by 20%.
The Last 12 Months Of Insider Transactions At Diebold Nixdorf
Senior Vice President of Systems Ulrich Näher made the biggest insider purchase in the last 12 months. That single transaction was for US$237k worth of shares at a price of US$7.90 each. That means that an insider was happy to buy shares at around the current price of US$9.06. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company’s future. While we always like to see insider buying, it’s less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for Diebold Nixdorf share holders is that insiders were buying at near the current price.
In the last twelve months insiders purchased 291.94k shares for US$2.5m. On the other hand they divested 6000 shares, for US$84k. In the last twelve months there was more buying than selling by Diebold Nixdorf insiders. You can see the insider transactions (by individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
Diebold Nixdorf is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Many investors like to check how much of a company is owned by insiders. I reckon it’s a good sign if insiders own a significant number of shares in the company. Diebold Nixdorf insiders own about US$12m worth of shares. That equates to 1.8% 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 Diebold Nixdorf Insider Transactions Indicate?
It’s certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn’t make a profit over the last twelve months, which makes us cautious. Insiders likely see value in Diebold Nixdorf shares, given these transactions (along with notable insider ownership of the company). Therefore, you should should definitely take a look at this FREE report showing analyst forecasts for Diebold Nixdorf.
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 email@example.com. 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.