Yahoo Finance Insider Spends US$114k Buying More Shares In HBT Financial
Potential HBT Financial, Inc. (NASDAQ:HBT) shareholders may wish to note that the Independent Director, Eric Burwell, recently bought US$114k worth of stock, paying US$18.99 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 18%.
View our latest analysis for HBT Financial
The Last 12 Months Of Insider Transactions At HBT Financial
Notably, that recent purchase by Eric Burwell is the biggest insider purchase of HBT Financial shares that we've seen in the last year. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$18.92). It's very possible they regret the purchase, but it's more likely they are bullish about the company. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.
HBT Financial insiders may have bought shares in the last year, but they didn't sell any. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!
HBT Financial is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.
Does HBT Financial Boast High Insider Ownership?
Many investors like to check how much of a company is owned by 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 HBT Financial insiders own 60% of the company, worth about US$359m. 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 HBT Financial Insiders?
It is good to see recent purchasing. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest HBT Financial insiders are well aligned, and quite possibly think the share price is too low. One for the watchlist, at least! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Every company has risks, and we've spotted 2 warning signs for HBT Financial (of which 1 makes us a bit uncomfortable!) you should know about.
Of course HBT Financial may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
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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