UK Markets open in 4 hrs 59 mins
  • NIKKEI 225

    28,574.15
    +240.63 (+0.85%)
     
  • HANG SENG

    24,315.36
    +97.33 (+0.40%)
     
  • CRUDE OIL

    84.96
    +1.14 (+1.36%)
     
  • GOLD FUTURES

    1,820.80
    +4.30 (+0.24%)
     
  • DOW

    35,911.81
    -201.79 (-0.56%)
     
  • BTC-GBP

    30,938.70
    -686.02 (-2.17%)
     
  • CMC Crypto 200

    1,015.88
    -9.85 (-0.96%)
     
  • Nasdaq

    14,893.75
    +86.95 (+0.59%)
     
  • ^FTAS

    4,292.58
    +35.99 (+0.85%)
     

Despite Nutrien Ltd.'s recent decline, insiders have made a around US$50k profit after buying earlier this year.

  • Oops!
    Something went wrong.
    Please try again later.
·3-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Insiders who purchased Nutrien Ltd. (TSE:NTR) shares in the past 12 months are unlikely to be deeply impacted by the stock's 4.2% decline over the past week. Reason being, despite the recent loss, insiders original purchase value of US$317k is now worth US$367k.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

Check out our latest analysis for Nutrien

The Last 12 Months Of Insider Transactions At Nutrien

Over the last year, we can see that the biggest insider purchase was by Executive VP and CEO of Phosphate & Nitrogen Raef Sully for CA$149k worth of shares, at about CA$74.46 per share. Even though the purchase was made at a significantly lower price than the recent price (CA$84.56), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months Nutrien insiders were buying shares, but not selling. 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!

insider-trading-volume
insider-trading-volume

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.

Nutrien Insiders Bought Stock Recently

Over the last three months, we've seen a bit of insider buying at Nutrien. President Mayo Schmidt shelled out CA$20k 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.

Does Nutrien Boast High Insider Ownership?

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Nutrien insiders own about CA$17m worth of shares. That equates to 0.03% of the company. 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 Does This Data Suggest About Nutrien Insiders?

Our data shows a little insider buying, but no selling, in the last three months. Overall the buying isn't worth writing home about. However, our analysis of transactions over the last year is heartening. Overall we don't see anything to make us think Nutrien insiders are doubting the company, and they do own shares. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Nutrien. Be aware that Nutrien is showing 3 warning signs in our investment analysis, and 1 of those is concerning...

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting