Looking at Hawkins, Inc.'s (NASDAQ:HWKN ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
The Last 12 Months Of Insider Transactions At Hawkins
The Independent Director James Faulconbridge made the biggest insider purchase in the last 12 months. That single transaction was for US$351k worth of shares at a price of US$89.27 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$106. 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.
James Faulconbridge bought 11.00k shares over the last 12 months at an average price of US$87.84. 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!
See our latest analysis for Hawkins
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.
Does Hawkins Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. 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 Hawkins insiders own 3.9% of the company, worth about US$87m. 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 Hawkins Insider Transactions Indicate?
The fact that there have been no Hawkins insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. Insiders do have a stake in Hawkins and their transactions don't cause us concern. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Hawkins.
Of course Hawkins 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.
About NasdaqGS:HWKN
Hawkins
Operates as a specialty chemical and ingredients company in the United States.
Flawless balance sheet with proven track record.
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