One Bausch + Lomb Insider Raised Their Stake In The Previous Year

From what we can see, insiders were net buyers in Bausch + Lomb Corporation's (NYSE:BLCO ) 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, logic dictates you should pay some attention to whether insiders are buying or selling shares.

See our latest analysis for Bausch + Lomb

Bausch + Lomb Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by CEO & Chairman Brenton L. Saunders for US$505k worth of shares, at about US$15.66 per share. We do like to see buying, but this purchase was made at well below the current price of US$18.60. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

Brenton L. Saunders purchased 64.50k shares over the year. The average price per share was US$15.62. 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 undervalued small cap companies that insiders are buying.

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. Bausch + Lomb insiders own about US$12m worth of shares. That equates to 0.2% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Bausch + Lomb Insider Transactions Indicate?

It doesn't really mean much that no insider has traded Bausch + Lomb shares in the last quarter. However, our analysis of transactions over the last year is heartening. Insiders own shares in Bausch + Lomb and we see no evidence to suggest they are worried about the future. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

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.