Rhodri Harries Bought 50% More Shares In Stella-Jones

Potential Stella-Jones Inc. (TSE:SJ) shareholders may wish to note that the Independent Director, Rhodri Harries, recently bought CA$353k worth of stock, paying CA$70.50 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 50%.

Check out our latest analysis for Stella-Jones

The Last 12 Months Of Insider Transactions At Stella-Jones

The Independent Director, James Manzi, made the biggest insider sale in the last 12 months. That single transaction was for CA$464k worth of shares at a price of CA$92.79 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (CA$68.16). So it may not shed much light on insider confidence at current levels.

Over the last year, we can see that insiders have bought 18.25k shares worth CA$1.3m. But insiders sold 20.91k shares worth CA$1.8m. In total, Stella-Jones insiders sold more than they bought over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Does Stella-Jones Boast High Insider Ownership?

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. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data indicates that Stella-Jones insiders own about CA$7.3m worth of shares (which is 0.2% of the company). Whilst better than nothing, we're not overly impressed by these holdings.

So What Does This Data Suggest About Stella-Jones Insiders?

It is good to see recent purchasing. On the other hand the transaction history, over the last year, isn't so positive. Neither the level of insider ownership, nor the transactions over the last twelve months inspire us, but we think the recent buying is positive. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Stella-Jones. At Simply Wall St, we've found that Stella-Jones has 2 warning signs (1 makes us a bit uncomfortable!) that deserve your attention before going any further with your analysis.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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 of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.