Whilst it may not be a huge deal, we thought it was good to see that Robert Pischke, who is a company insider, recently bought US$77k worth of stock, for US$5.49 per share. That purchase might not be huge but it did increase their holding by 30%.
The Last 12 Months Of Insider Transactions At U.S. Xpress Enterprises
Over the last year, we can see that the biggest insider purchase was by Co-Founder & Executive Chairman Max Fuller for US$309k worth of shares, at about US$4.30 per share. So it's clear an insider wanted to buy, at around the current price, which is US$4.31. 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. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. Happily, the U.S. Xpress Enterprises insiders decided to buy shares at close to current prices.
In the last twelve months U.S. Xpress Enterprises insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by 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. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).
Insider Ownership of U.S. Xpress Enterprises
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. U.S. Xpress Enterprises insiders own 54% of the company, currently worth about US$113m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.
So What Does This Data Suggest About U.S. Xpress Enterprises Insiders?
The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss last year, which makes us a little cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about U.S. Xpress Enterprises. Looks promising! If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.
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.
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