Insider Stock Buying Reaches US$1.8m On Bel Fuse \

Over the last year, a good number of insiders have significantly increased their holdings in Bel Fuse Inc. (NASDAQ:BELF.A). This is encouraging because it indicates that insiders are more optimistic about the company's prospects.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we do think it is perfectly logical to keep tabs on what insiders are doing.

See our latest analysis for Bel Fuse

Bel Fuse Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by insider Christopher Bennett for US$1.0m worth of shares, at about US$31.95 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$51.38. 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.

While Bel Fuse insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

Bel Fuse is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Bel Fuse Insiders Bought Stock Recently

Over the last three months, we've seen a bit of insider buying at Bel Fuse. CFO, Principal Financial Officer & Treasurer Farouq Tuweiq shelled out US$13k for shares in that time. It's great to see that insiders are only buying, not selling. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.

Insider Ownership Of Bel Fuse

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 6.5% of Bel Fuse shares, worth about US$45m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The Bel Fuse Insider Transactions Indicate?

Insider purchases may have been minimal, in the last three months, but there was no selling at all. Overall the buying isn't worth writing home about. On a brighter note, the transactions over the last year are encouraging. Insiders own shares in Bel Fuse and we see no evidence to suggest they are worried about the future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bel Fuse. Every company has risks, and we've spotted 1 warning sign for Bel Fuse you should know about.

Of course Bel Fuse 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, but not derivative transactions.

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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.