Generally, when a single insider buys stock, it is usually not a big deal. However, when several insiders are buying, like in the case of Capitol Federal Financial, Inc. (NASDAQ:CFFN), it sends a favourable message to the company's shareholders.

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

Check out our latest analysis for Capitol Federal Financial

Capitol Federal Financial Insider Transactions Over The Last Year

Notably, that recent purchase by Rick Jackson is the biggest insider purchase of Capitol Federal Financial shares that we've seen in the last year. That implies that an insider found the current price of US$9.20 per share to be enticing. Of course they may have changed their mind. But this suggests they are optimistic. 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. In this case we're pleased to report that the insider purchases were made at close to current prices.

In the last twelve months insiders purchased 14.59k shares for US$146k. On the other hand they divested 2.69k shares, for US$33k. In total, Capitol Federal Financial insiders bought more than they sold over the last year. The average buy price was around US$10.01. This is nice to see since it implies that insiders might see value around current prices. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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

Capitol Federal Financial Insiders Bought Stock Recently

It's good to see that Capitol Federal Financial insiders have made notable investments in the company's shares. Chief Lending Officer Rick Jackson spent US$63k on stock, and there wasn't any selling. This makes one think the business has some good points.

Insider Ownership Of Capitol Federal Financial

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 1.9% of Capitol Federal Financial shares, worth about US$24m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.