Yahoo Finance Robert Wildeboer Is The Executive Chairman of the Board of Martinrea International Inc. (TSE:MRE) And They Just Picked Up 1.6% More Shares
Even if it's not a huge purchase, we think it was good to see that Robert Wildeboer, the Executive Chairman of the Board of Martinrea International Inc. (TSE:MRE) recently shelled out CA$101k to buy stock, at CA$11.87 per share. However, it only increased their shares held by 1.6%, and it wasn't a huge purchase by absolute value, either.
View our latest analysis for Martinrea International
Martinrea International Insider Transactions Over The Last Year
In the last twelve months, the biggest single purchase by an insider was when President Frank D'Eramo bought CA$323k worth of shares at a price of CA$8.22 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of CA$12.31. 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.
In the last twelve months Martinrea International insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by companies and 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 plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Insider Ownership Of Martinrea International
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. Martinrea International insiders own about CA$18m worth of shares. That equates to 1.9% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
What Might The Insider Transactions At Martinrea International Tell Us?
It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of Martinrea International we think they are probably pretty confident of a bright future. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Martinrea International.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting 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, but not derivative transactions.
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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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