Insider Buys Additional US$144k In Maui Land & Pineapple Company Stock

Investors who take an interest in Maui Land & Pineapple Company, Inc. (NYSE:MLP) should definitely note that the Independent Director, Stephen Case, recently paid US$14.38 per share to buy US$144k worth of the stock. However, it only increased shareholding by a small percentage, and it wasn't a huge purchase by absolute value, either.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

Maui Land & Pineapple Company Insider Transactions Over The Last Year

Notably, that recent purchase by Stephen Case is the biggest insider purchase of Maui Land & Pineapple Company 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$15.47. Of course they may have changed their mind. But this suggests they are optimistic. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. In this case we're pleased to report that the insider purchases were made at close to current prices.

Maui Land & Pineapple Company insiders may have bought shares in the last year, but they didn't sell any. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

See our latest analysis for Maui Land & Pineapple Company

Maui Land & Pineapple Company 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 Maui Land & Pineapple Company 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. We usually like to see fairly high levels of insider ownership. Maui Land & Pineapple Company insiders own 62% of the company, currently worth about US$183m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Maui Land & Pineapple Company Tell Us?

It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Maui Land & Pineapple Company. That's what I like to see! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Maui Land & Pineapple Company. For example - Maui Land & Pineapple Company has 1 warning sign we think you should be aware of.

But note: Maui Land & Pineapple Company 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.