Chairman of the Board of G. Willi-Food International Picks Up 14% More Stock

Those following along with G. Willi-Food International Ltd. (NASDAQ:WILC) will no doubt be intrigued by the recent purchase of shares by Zwi Williger, Chairman of the Board of the company, who spent a stonking US$3.2m on stock at an average price of US$18.35. Not only is that a big swing, but it increased their holding size by 14%, which is definitely great to see.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

The Last 12 Months Of Insider Transactions At G. Willi-Food International

In fact, the recent purchase by Zwi Williger was the biggest purchase of G. Willi-Food International shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at around the current price of US$19.29. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. Happily, the G. Willi-Food International insiders decided to buy shares at close to current prices. We note that Zwi Williger was also the biggest seller.

In the last twelve months insiders purchased 655.24k shares for US$8.4m. But insiders sold 60.00k shares worth US$656k. In the last twelve months there was more buying than selling by G. Willi-Food International insiders. The average buy price was around US$12.86. We don't deny that it is nice to see insiders buying stock in the company. However, we do note that they were buying at significantly lower prices than today's share price. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Check out our latest analysis for G. Willi-Food International

G. Willi-Food International is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Does G. Willi-Food International 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. We usually like to see fairly high levels of insider ownership. It appears that G. Willi-Food International insiders own 11% of the company, worth about US$30m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The G. Willi-Food International Insider Transactions Indicate?

It's certainly positive to see the recent insider purchase. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of G. Willi-Food International we think they are probably pretty confident of a bright future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 2 warning signs for G. Willi-Food International (of which 1 is a bit concerning!) you should know about.

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 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.