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Trade Alert: The CEO & Member of the Management Board Of Wereldhave N.V. (AMS:WHA), Matthijs Storm, Has Just Spent €74k Buying 22% More Shares
Whilst it may not be a huge deal, we thought it was good to see that the Wereldhave N.V. (AMS:WHA) CEO & Member of the Management Board, Matthijs Storm, recently bought €74k worth of stock, for €7.39 per share. That purchase might not be huge but it did increase their holding by 22%.
See our latest analysis for Wereldhave
Wereldhave Insider Transactions Over The Last Year
In fact, the recent purchase by Matthijs Storm was the biggest purchase of Wereldhave shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to buy, even at a higher price than the current share price (being €6.44). It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Matthijs Storm was the only individual insider to buy shares in the last twelve months.
You can see a visual depiction of insider transactions (by individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does Wereldhave Boast High Insider Ownership?
For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data isn't picking up on much insider ownership at Wereldhave, though insiders do hold about €733k worth of shares. We might be missing something but that seems like very low insider ownership.
So What Do The Wereldhave Insider Transactions Indicate?
It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. On this analysis the only slight negative we see is the fairly low (overall) insider ownership; their transactions suggest that they are quite positive on Wereldhave stock. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 3 warning signs for Wereldhave you should be aware of, and 1 of these is a bit concerning.
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.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. 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. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.
About ENXTAM:WHA
Wereldhave
Wereldhave N.V. (“the Company”) is an investment company that invests in real estate (shopping centers and offices).
Average dividend payer slight.
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