Insider Buying: The Guaranty Bancshares, Inc. (NASDAQ:GNTY) Independent Director Just Bought 4.8% More Shares

Potential Guaranty Bancshares, Inc. (NASDAQ:GNTY) shareholders may wish to note that the Independent Director, James Bunch, recently bought US$163k worth of stock, paying US$32.60 for each share. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 4.8%.

See our latest analysis for Guaranty Bancshares

The Last 12 Months Of Insider Transactions At Guaranty Bancshares

The Independent Director Richard Baker made the biggest insider purchase in the last 12 months. That single transaction was for US$385k worth of shares at a price of US$27.00 each. So it's clear an insider wanted to buy, at around the current price, which is US$33.25. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. Happily, the Guaranty Bancshares insiders decided to buy shares at close to current prices.

In the last twelve months insiders purchased 74.83k shares for US$2.0m. But insiders sold 29.63k shares worth US$881k. In total, Guaranty Bancshares insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and 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 plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Guaranty Bancshares insiders own 23% of the company, worth about US$84m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

What Might The Insider Transactions At Guaranty Bancshares Tell Us?

Unfortunately, there has been more insider selling of Guaranty Bancshares stock, than buying, in the last three months. But we take heart from prior transactions. It's good to see insiders are shareholders. So we're happy enough to look past some selling. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of Guaranty Bancshares.

But note: Guaranty Bancshares may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.

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