Yahoo Finance Kuldip Sahi Buys Handful Of Shares In TWC Enterprises
TWC Enterprises Limited (TSE:TWC) shareholders (or potential shareholders) will be happy to see that the Chairman, Kuldip Sahi, recently bought a whopping CA$750k worth of stock, at a price of CA$18.12. While that only increased their holding size by 0.2%, it is still a big swing by our standards.
See our latest analysis for TWC Enterprises
TWC Enterprises Insider Transactions Over The Last Year
Notably, that recent purchase by Kuldip Sahi is the biggest insider purchase of TWC Enterprises shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of CA$18.33. Of course they may have changed their mind. But this suggests they are optimistic. If someone buys shares at well below current prices, it's a good sign on balance, but keep in mind they may no longer see value. In this case we're pleased to report that the insider bought shares at close to current prices. The only individual insider to buy over the last year was Kuldip Sahi.
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!
TWC Enterprises is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
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. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that TWC Enterprises insiders own 84% of the company, worth about CA$367m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Do The TWC Enterprises Insider Transactions Indicate?
It is good to see the recent insider purchase. And the longer term insider transactions also give us confidence. When combined with notable insider ownership, these factors suggest TWC Enterprises insiders are well aligned, and quite possibly think the share price is too low. Nice! To put this in context, take a look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow.
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 of direct interests only, but not derivative transactions or indirect interests.
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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.
