Stock Analysis

Chairman of the Board of G. Willi-Food International Zwi Williger Buys 5.8% More Shares

NasdaqCM:WILC
Source: Shutterstock

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$42m on stock at an average price of US$667. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 5.8%.

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

G. Willi-Food International Insider Transactions Over The Last Year

Notably, that recent purchase by Zwi Williger is the biggest insider purchase of G. Willi-Food International shares that we've seen in the last year. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$10.93). It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

G. Willi-Food International insiders may have bought shares in the last year, but they didn't sell any. Their average price was about US$159. This is nice to see since it implies that insiders might see value around current prices. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NasdaqCM:WILC Insider Trading Volume September 26th 2024

There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that G. Willi-Food International insiders own 9.5% of the company, worth about US$14m. 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 Does This Data Suggest About G. Willi-Food International Insiders?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. Insiders likely see value in G. Willi-Food International 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 G. Willi-Food International. Our analysis shows 2 warning signs for G. Willi-Food International (1 is significant!) and we strongly recommend you look at them before investing.

But note: G. Willi-Food International 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 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.