The Executive VP and Chief Human Resources & Administrative Officer of Nutrien Ltd. (TSE:NTR), Michael Webb, Just Bought 16% More Shares

Even if it's not a huge purchase, we think it was good to see that Michael Webb, the Executive VP and Chief Human Resources & Administrative Officer of Nutrien Ltd. (TSE:NTR) recently shelled out CA$118k to buy stock, at CA$69.89 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 16%.

See our latest analysis for Nutrien

Nutrien Insider Transactions Over The Last Year

The insider Michael Frank made the biggest insider purchase in the last 12 months. That single transaction was for CA$228k worth of shares at a price of CA$45.63 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$68.74. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Happily, we note that in the last year insiders paid CA$778k for 16.42k shares. But insiders sold 2.93k shares worth CA$135k. Overall, Nutrien insiders were net buyers during the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

Nutrien 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.

Does Nutrien 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. It appears that Nutrien insiders own 0.04% of the company, worth about CA$18m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At Nutrien Tell Us?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of Nutrien we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Nutrien. At Simply Wall St, we found 4 warning signs for Nutrien that deserve your attention before buying any shares.

Of course Nutrien 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.

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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. 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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