In This Article:
From what we can see, insiders were net buyers in TWC Enterprises Limited's (TSE:TWC ) during the past 12 months. That is, insiders acquired the stock in greater numbers than they sold it.
While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.
See our latest analysis for TWC Enterprises
The Last 12 Months Of Insider Transactions At TWC Enterprises
The Chairman Kuldip Sahi made the biggest insider purchase in the last 12 months. That single transaction was for CA$750k worth of shares at a price of CA$18.12 each. So it's clear an insider wanted to buy, at around the current price, which is CA$18.14. 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. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for TWC Enterprises share holders is that an insider was buying at near the current price. The only individual insider to buy over the last year was Kuldip Sahi.
You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them).
Does TWC Enterprises 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. A high insider ownership often makes company leadership more mindful of shareholder interests. TWC Enterprises insiders own about CA$379m worth of shares (which is 84% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About TWC Enterprises Insiders?
It doesn't really mean much that no insider has traded TWC Enterprises shares in the last quarter. However, our analysis of transactions over the last year is heartening. Judging from their transactions, and high insider ownership, TWC Enterprises insiders feel good about the company's future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 1 warning sign for TWC Enterprises and we suggest you have a look.