Bullish Sportsman's Warehouse Holdings Insiders Loaded Up On US$694.2k Of Stock

It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Sportsman's Warehouse Holdings, Inc.'s (NASDAQ:SPWH) case, it's fantastic news for shareholders.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

View our latest analysis for Sportsman's Warehouse Holdings

The Last 12 Months Of Insider Transactions At Sportsman's Warehouse Holdings

The Independent Director Steven Sansom made the biggest insider purchase in the last 12 months. That single transaction was for US$190k worth of shares at a price of US$3.80 each. That implies that an insider found the current price of US$3.81 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. 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 Sportsman's Warehouse Holdings insiders decided to buy shares at close to current prices.

While Sportsman's Warehouse Holdings insiders bought shares during the last year, they didn't sell. 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!

Sportsman's Warehouse Holdings is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insider Ownership Of Sportsman's Warehouse Holdings

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. A high insider ownership often makes company leadership more mindful of shareholder interests. Based on our data, Sportsman's Warehouse Holdings insiders have about 3.0% of the stock, worth approximately US$3.9m. We consider this fairly low insider ownership.

So What Does This Data Suggest About Sportsman's Warehouse Holdings Insiders?

The fact that there have been no Sportsman's Warehouse Holdings insider transactions recently certainly doesn't bother us. On a brighter note, the transactions over the last year are encouraging. The transactions are fine but it'd be more encouraging if Sportsman's Warehouse Holdings insiders bought more shares in the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 1 warning sign for Sportsman's Warehouse Holdings that deserve your attention before buying any shares.

Of course Sportsman's Warehouse 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.