The Independent Chairman of Aurizon Holdings Limited (ASX:AZJ), Timothy Poole, Just Bought 33% More Shares

Investors who take an interest in Aurizon Holdings Limited (ASX:AZJ) should definitely note that the Independent Chairman, Timothy Poole, recently paid AU$3.40 per share to buy AU$153k worth of the stock. That's a very decent purchase to our minds and it grew their holding by a solid 33%.

View our latest analysis for Aurizon Holdings

The Last 12 Months Of Insider Transactions At Aurizon Holdings

Notably, that recent purchase by Timothy Poole is the biggest insider purchase of Aurizon Holdings shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is AU$3.45. That means they have been optimistic about the company in the past, though they may have changed their mind. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the Aurizon Holdings insiders decided to buy shares at close to current prices.

In the last twelve months Aurizon Holdings insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Aurizon Holdings is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership of Aurizon Holdings

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Based on our data, Aurizon Holdings insiders have about 0.09% of the stock, worth approximately AU$6.0m. I generally like to see higher levels of ownership.

So What Do The Aurizon Holdings Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. And the longer term insider transactions also give us confidence. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that Aurizon Holdings insiders are expecting a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Aurizon Holdings. For instance, we've identified 3 warning signs for Aurizon Holdings (1 is potentially serious) you should be aware of.

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.

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.

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