Insider Spends ₪131k Buying More Shares In G. Willi-Food International

Investors who take an interest in G. Willi-Food International Ltd. (NASDAQ:WILC) should definitely note that the Chairman of the Board, Zwi Williger, recently paid US$10.30 per share to buy US$131k worth of the stock. While that's a very decent purchase to our minds, it was proportionally a bit modest, boosting their holding by just 1.4%.

View our latest analysis for G. Willi-Food International

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

In fact, the recent purchase by Chairman of the Board Zwi Williger was not their only acquisition of G. Willi-Food International shares this year. They previously made an even bigger purchase of US$1.6m worth of shares at a price of US$13.97 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$11.10). 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. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. The only individual insider to buy over the last year was Zwi Williger.

Zwi Williger bought 130.17k shares over the last 12 months at an average price of US$13.61. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!

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

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 8.0% of G. Willi-Food International shares, worth about US$12m. 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 G. Willi-Food International Tell Us?

The recent insider purchase is heartening. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest G. Willi-Food International insiders are well aligned, and that they may think the share price is too low. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing G. Willi-Food International. For example - G. Willi-Food International has 1 warning sign we think you should be aware of.

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.