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From what we can see, insiders were net buyers in Westwood Holdings Group, Inc.'s (NYSE:WHG ) 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 would consider it foolish to ignore insider transactions altogether.
See our latest analysis for Westwood Holdings Group
Westwood Holdings Group Insider Transactions Over The Last Year
The insider J. Hoak made the biggest insider purchase in the last 12 months. That single transaction was for US$276k worth of shares at a price of US$12.55 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$15.80. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.
J. Hoak bought 22.33k shares over the last 12 months at an average price of US$12.53. 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!
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).
Insider Ownership
For a common shareholder, it is worth checking how many shares are held by company insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Westwood Holdings Group insiders own about US$25m worth of shares. That equates to 19% of the company. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.
What Might The Insider Transactions At Westwood Holdings Group Tell Us?
The recent insider purchase is heartening. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Westwood Holdings Group insiders are well aligned, and that they may think the share price is too low. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of Westwood Holdings Group.