Energizer Holdings Independent Chairman of the Board Acquires 200% More Stock

Potential Energizer Holdings, Inc. (NYSE:ENR) shareholders may wish to note that the Independent Chairman of the Board, Patrick Moore, recently bought US$231k worth of stock, paying US$23.10 for each share. That certainly has us anticipating the best, especially since they thusly increased their own holding by 200%, potentially signalling some real optimism.

We've discovered 4 warning signs about Energizer Holdings. View them for free.

The Last 12 Months Of Insider Transactions At Energizer Holdings

Notably, that recent purchase by Patrick Moore is the biggest insider purchase of Energizer Holdings shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$23.18. That means they have been optimistic about the company in the past, though they may have changed their mind. 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 Energizer Holdings insiders decided to buy shares at close to current prices.

Over the last year, we can see that insiders have bought 19.00k shares worth US$432k. But they sold 7.78k shares for US$256k. In total, Energizer Holdings insiders bought more than they sold over the last year. 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 Energizer Holdings

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 Of Energizer Holdings

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.7% of Energizer Holdings shares, worth about US$11m. 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 Energizer Holdings Tell Us?

The recent insider purchases are heartening. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of Energizer Holdings 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. Case in point: We've spotted 4 warning signs for Energizer Holdings you should be aware of, and 1 of them can't be ignored.

Of course Energizer Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality 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.