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Insiders were net buyers of Littelfuse, Inc.'s (NASDAQ:LFUS ) stock during the past year. That is, insiders bought more stock than they sold.
While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Check out our latest analysis for Littelfuse
The Last 12 Months Of Insider Transactions At Littelfuse
Over the last year, we can see that the biggest insider purchase was by Independent Director Anthony Grillo for US$4.1m worth of shares, at about US$236 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$234). Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Anthony Grillo was the only individual insider to buy during the last year.
You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
Littelfuse is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Insiders At Littelfuse Have Bought Stock Recently
There has been significantly more insider buying, than selling, at Littelfuse, over the last three months. We can see that Independent Director Anthony Grillo paid US$4.1m for shares in the company. On the other hand, Senior VP Jeffrey Gorski netted US$174k by selling. We think insiders may be optimistic about the future, since insiders have been net buyers of shares.
Does Littelfuse Boast High Insider Ownership?
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Littelfuse insiders own 1.0% of the company, worth about US$59m. 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 Does This Data Suggest About Littelfuse Insiders?
The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in Littelfuse shares, given these transactions (along with notable insider ownership of the company). In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Littelfuse. At Simply Wall St, we found 2 warning signs for Littelfuse that deserve your attention before buying any shares.