Axalta Coating Systems Insiders Added US$2.05m Of Stock To Their Holdings

In the last year, multiple insiders have substantially increased their holdings of Axalta Coating Systems Ltd. (NYSE:AXTA) stock, indicating that insiders' optimism about the company's prospects has increased.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Axalta Coating Systems

The Last 12 Months Of Insider Transactions At Axalta Coating Systems

In the last twelve months, the biggest single purchase by an insider was when Independent Director Kevin Stein bought US$1.0m worth of shares at a price of US$27.38 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$35.45. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

Over the last year, we can see that insiders have bought 72.21k shares worth US$2.1m. But insiders sold 43.32k shares worth US$1.3m. In total, Axalta Coating Systems insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Axalta Coating Systems is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Does Axalta Coating Systems Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 0.4% of Axalta Coating Systems shares, worth about US$28m. 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 Axalta Coating Systems Tell Us?

It doesn't really mean much that no insider has traded Axalta Coating Systems shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Insiders do have a stake in Axalta Coating Systems and their transactions don't cause us concern. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example, Axalta Coating Systems has 2 warning signs (and 1 which can't be ignored) we think you should know about.

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.

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