Yahoo Finance Insider Stock Buying Reaches US$691.7k On Kemper
It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Kemper Corporation's (NYSE:KMPR) case, it's fantastic news for shareholders.
Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.
Check out our latest analysis for Kemper
Kemper Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by Lead Independent Director Stuart Parker for US$414k worth of shares, at about US$41.40 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$58.49. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.
Over the last year, we can see that insiders have bought 16.40k shares worth US$692k. But insiders sold 5.00k shares worth US$228k. Overall, Kemper insiders were net buyers during the last year. The chart below shows insider transactions (by companies and individuals) over the last year. 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
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Kemper insiders own 4.6% of the company, currently worth about US$174m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Do The Kemper Insider Transactions Indicate?
The fact that there have been no Kemper insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. With high insider ownership and encouraging transactions, it seems like Kemper insiders think the business has merit. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Kemper. At Simply Wall St, we found 1 warning sign for Kemper that deserve your attention before buying any shares.
But note: Kemper may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE 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.
