ForFarmers CEO & Member of Executive Board Acquires 25% More Stock

Even if it's not a huge purchase, we think it was good to see that Pieter Wolleswinkel, the CEO & Member of Executive Board of ForFarmers N.V. (AMS:FFARM) recently shelled out €59k to buy stock, at €2.34 per share. That purchase might not be huge but it did increase their holding by 25%.

View our latest analysis for ForFarmers

ForFarmers Insider Transactions Over The Last Year

Notably, that recent purchase by Pieter Wolleswinkel is the biggest insider purchase of ForFarmers shares that we've seen in the last year. That implies that an insider found the current price of €2.36 per share to be enticing. That means they have been optimistic about the company in the past, though they may have changed their mind. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. In this case we're pleased to report that the insider purchases were made at close to current prices.

In the last twelve months ForFarmers insiders were buying shares, but not selling. 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!

ForFarmers 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 ForFarmers

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. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that ForFarmers insiders own 5.6% of the company, worth about €12m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The ForFarmers Insider Transactions Indicate?

The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Insiders likely see value in ForFarmers shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing ForFarmers. Every company has risks, and we've spotted 1 warning sign for ForFarmers you should know about.

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.

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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.