Yahoo Finance Trade Alert: The Executive Chairman of the Board Of Seacor Holdings Inc. (NYSE:CKH), Charles Fabrikant, Has Just Spent US$145k Buying Shares
Investors who take an interest in Seacor Holdings Inc. (NYSE:CKH) should definitely note that the Executive Chairman of the Board, Charles Fabrikant, recently paid US$25.71 per share to buy US$145k worth of the stock. Although the purchase only increased their holding by 0.8%, it is still a solid purchase in our view.
Check out our latest analysis for Seacor Holdings
Seacor Holdings Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the Senior VP & CFO, Bruce Weins, for US$246k worth of shares, at about US$49.25 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of US$27.91. So it may not shed much light on insider confidence at current levels. Bruce Weins was the only individual insider to sell over the last year.
Charles Fabrikant bought a total of 10.65k shares over the year at an average price of US$26.55. The chart below shows insider transactions (by individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!
Seacor Holdings is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Does Seacor Holdings Boast High Insider Ownership?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It appears that Seacor Holdings insiders own 4.9% of the company, worth about US$27m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.
So What Does This Data Suggest About Seacor Holdings Insiders?
It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. When combined with notable insider ownership, these factors suggest Seacor Holdings insiders are well aligned, and that they may think the share price is too low. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Seacor Holdings. At Simply Wall St, we found 4 warning signs for Seacor Holdings that deserve your attention before buying any shares.
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.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.
