This WK Kellogg Co Insider Increased Their Holding By 53% Last Year

From what we can see, insiders were net buyers in WK Kellogg Co's (NYSE:KLG ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

Our free stock report includes 4 warning signs investors should be aware of before investing in WK Kellogg Co. Read for free now.

WK Kellogg Co Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by insider Llura Gund for US$3.4m worth of shares, at about US$17.94 per share. So it's clear an insider wanted to buy, at around the current price, which is US$19.53. 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. 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. In this case we're pleased to report that the insider bought shares at close to current prices. Llura Gund was the only individual insider to buy shares in the last twelve months.

Llura Gund purchased 250.00k shares over the year. The average price per share was US$17.57. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for WK Kellogg Co

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).

Does WK Kellogg Co Boast High 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. We usually like to see fairly high levels of insider ownership. It's great to see that WK Kellogg Co insiders own 14% of the company, worth about US$223m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About WK Kellogg Co Insiders?

There haven't been any insider transactions in the last three months -- that doesn't mean much. However, our analysis of transactions over the last year is heartening. With high insider ownership and encouraging transactions, it seems like WK Kellogg Co insiders think the business has merit. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For example, WK Kellogg Co has 4 warning signs (and 1 which can't be ignored) we think you should know about.

But note: WK Kellogg Co 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.