Independent Director of Bath & Body Works Picks Up 184% More Stock

Potential Bath & Body Works, Inc. (NYSE:BBWI) shareholders may wish to note that the Independent Director, James Symancyk, recently bought US$351k worth of stock, paying US$15.58 for each share. We reckon that's a good sign, especially since the purchase boosted their holding by 184%.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

Bath & Body Works Insider Transactions Over The Last Year

Notably, that recent purchase by James Symancyk is the biggest insider purchase of Bath & Body Works shares that we've seen in the last year. So it's clear an insider wanted to buy, at around the current price, which is US$16.90. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Bath & Body Works share holders is that insiders were buying at near the current price.

In the last twelve months Bath & Body Works insiders were buying shares, but not selling. 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!

Check out our latest analysis for Bath & Body Works

Bath & Body Works 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 Bath & Body Works Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Bath & Body Works insiders own about US$12m worth of shares. That equates to 0.4% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Do The Bath & Body Works Insider Transactions Indicate?

It's certainly positive to see the recent insider purchases. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Bath & Body Works insiders are well aligned, and that they may think the share price is too low. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bath & Body Works. When we did our research, we found 3 warning signs for Bath & Body Works (1 can't be ignored!) that we believe deserve your full attention.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.