Potential Caleres, Inc. (NYSE:CAL) shareholders may wish to note that the Independent Director, Lori Greeley, recently bought US$160k worth of stock, paying US$17.77 for each share. We reckon that's a good sign, especially since the purchase boosted their holding by 900%.
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The Last 12 Months Of Insider Transactions At Caleres
The insider, Carla Hendra, made the biggest insider sale in the last 12 months. That single transaction was for US$177k worth of shares at a price of US$33.07 each. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$17.71). So it is hard to draw any strong conclusion from it. Carla Hendra was the only individual insider to sell shares in the last twelve months.
In the last twelve months insiders purchased 14.00k shares for US$260k. But they sold 5.35k shares for US$177k. Overall, Caleres insiders were net buyers during the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
See our latest analysis for Caleres
Caleres is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.
Insider Ownership Of Caleres
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 appears that Caleres insiders own 4.3% of the company, worth about US$25m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Does This Data Suggest About Caleres Insiders?
The recent insider purchases are heartening. We also take confidence from the longer term picture of insider transactions. Given that insiders also own a fair bit of Caleres we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Caleres. At Simply Wall St, we found 1 warning sign for Caleres that deserve your attention before buying any shares.
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.
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