Non-Executive Director of Tamawood Lev Mizikovsky Buys More Stock

Whilst it may not be a huge deal, we thought it was good to see that the Tamawood Limited (ASX:TWD) Non-Executive Director, Lev Mizikovsky, recently bought AU$144k worth of stock, for AU$2.70 per share. Nevertheless, it only increased their shareholding by a minuscule percentage, and it wasn't a massive purchase by absolute value, either.

See our latest analysis for Tamawood

The Last 12 Months Of Insider Transactions At Tamawood

Notably, that recent purchase by Lev Mizikovsky is the biggest insider purchase of Tamawood shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of AU$2.71. That means they have been optimistic about the company in the past, though they may have changed their mind. 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. Happily, the Tamawood insider decided to buy shares at close to current prices. Lev Mizikovsky was the only individual insider to buy during the last year.

Lev Mizikovsky bought 63.47k shares over the last 12 months at an average price of AU$2.76. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Tamawood is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insider Ownership Of Tamawood

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Tamawood insiders own 65% of the company, worth about AU$66m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Tamawood Tell Us?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Tamawood. Looks promising! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Tamawood. Every company has risks, and we've spotted 4 warning signs for Tamawood (of which 2 don't sit too well with us!) 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 of direct interests only, but not derivative transactions or indirect interests.

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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.