Great news for Gowing Bros. Limited (ASX:GOW): Insiders acquired stock in large numbers last year

Simply Wall St
·3 min read

When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in Gowing Bros. Limited's (ASX:GOW) instance, it's good news for shareholders.

Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing.

View our latest analysis for Gowing Bros

Gowing Bros Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Non-Executive Chairman of the Board Jonathan West for AU$136k worth of shares, at about AU$3.17 per share. That means that an insider was happy to buy shares at above the current price of AU$2.80. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.

While Gowing Bros insiders bought shares during the last year, they didn't sell. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
insider-trading-volume

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

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Gowing Bros insiders own about AU$70m worth of shares (which is 47% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Gowing Bros Insiders?

The fact that there have been no Gowing Bros insider transactions recently certainly doesn't bother us. But insiders have shown more of an appetite for the stock, over the last year. It would be great to see more insider buying, but overall it seems like Gowing Bros insiders are reasonably well aligned (owning significant chunk of the company's shares) and optimistic for the 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. Be aware that Gowing Bros is showing 3 warning signs in our investment analysis, and 2 of those are a bit concerning...

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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here

  • Up next
  • Up next
  • Up next
  • Up next

Latest Stories

  • This flowy, flattering dress will get you 'so many compliments' — and it's down to $30 right now

    Grab a forgiving warm-weather frock beloved by nearly 35,000 fans while it's over 40% off.

  • Man Utd appoint Jason Wilcox as new technical director after leaving Southampton

    The 53-year-old former Premier League winner previously worked as Manchester City’s academy director.

  • Ten Hag calms talk of divided squad as Wilcox appointed technical director

    Alejandro Garnacho has apologised for liking a critical social media post while Sancho starred for Dortmund in this week’s Champions League

  • Sunak rejects offer of youth mobility scheme between EU and UK

    Labour also turns down European Commission’s proposal, which would allow young Britons to live, study and work in EU

  • US regulators mulling bid to limit bonuses for Wall Street execs, WSJ reports

    Six agencies, including the Federal Deposit Insurance Corp (FDIC) and the Office of the Comptroller of the Currency (OCC), are involved in developing the plan, the report said, adding that the measure could be proposed in the coming days. The Federal Reserve is not involved in drafting the proposal, the report said. Executive pay on Wall Street has long been a hot-button issue, with critics pushing for restrictions and arguing for more stringent clawback provisions.

  • Seattle gave low-income residents $500 monthly payments with no strings attached. Some got new housing and employment rates nearly doubled.

    A guaranteed basic income program pilot in Seattle gave 102 low-income residents $500 monthly. Employment among the participants nearly doubled.

  • World leaders urge calm after Israeli drone strike on Iran ratchets up tension

    Tit-for-tat attacks have breached taboo of direct strikes on each other’s territory but Tehran has no ‘immediate’ plans to retaliate

  • Police 'reviewing information' about Tory MP Mark Menzies after alleged misuse of funds

    Police say they are reviewing "information" about Conservative MP Mark Menzies after Labour asked for an investigation into claims he misused party funds. Labour Party chair Anneliese Dodds wrote to Lancashire Police asking for an inquiry after The Times reported he had made a late-night phone call to an aide asking for funds to pay off "bad people". Mr Menzies told the paper he contests the allegations against him.

  • A convicted rapist is charged with murder in the killing of a Connecticut visiting nurse

    A convicted rapist was charged with murder and attempted sexual assault Friday in the killing of a visiting nurse at a Connecticut halfway house for sex offenders in October — a crime that spurred calls for better safety measures for home health care workers. Authorities added the charges against Michael Reese, 39, as he appeared in state court in Danielson for a related larceny and drug paraphernalia case. Police arrested him on those allegations as he was leaving the Willimantic halfway house

  • Google scraps minimum wage, benefits rules for suppliers and staffing firms

    Alphabet Inc's Google on Friday said it will roll back requirements that U.S. suppliers and staffing firms pay their employees at least $15 an hour and provide health insurance and other benefits, a move that could allow the tech giant to avoid bargaining with unions. The elimination of the 2019 policy, along with other steps such as limiting access by temporary workers and vendors to internal systems, are designed to comply with shifting U.S. and global labor regulations related to contingent workers, a spokesperson for Mountain View, California-based Google told Reuters. "These updates bring us in line with other large companies and simply clarify that Google is not, and has never been, the employer of our suppliers’ employees," the spokesperson said.

  • Police ‘reviewing’ allegations MP Mark Menzies misused campaign funds

    Lancashire Police said it was ‘reviewing the available information’ after it received a letter ‘detailing concerns around this matter’.

  • Netflix Stock Today: How A Long Put Butterfly Spread Trade Profits From Bearish Action In NFLX

    With Netflix surging more than 85% in six months, one may expect a pullback under current conditions.

  • Environment Minister Gary Crossman quits cabinet and as MLA

    Environment Minister Gary Crossman is resigning as a Progressive Conservative cabinet minister and will quit as an MLA within days, citing his differences with Premier Blaine Higgs.Crossman, who had already announced he would not run in this year's election, made the announcement in a Facebook post. The three-term MLA for Hampton said he wanted to make his health a priority but also made it clear he's not happy with Higgs's leadership."My personal and political beliefs no longer align in many wa

  • Tesla to recall 3,878 Cybertrucks

    STORY: Tesla is recalling close to 4,000 of its Cybertrucks to fix an accelerator pedal that can get stuck, increasing the risk of a crash. That's according to a safety recall notice on Friday from the U.S. National Highway Traffic Safety Administration.The auto safety regulator said Tesla will replace or repair the accelerator pedal assembly at no charge and owners will be notified through letters mailed to them in June.Tesla started deliveries of its electric pickup truck late last year, after a two-year delay due to production problems and battery-supply constraints.Friday's recall announcement marks the latest setback for the electric car maker.In the first quarter of 2024, Tesla had three recalls affecting about 2.4 million vehicles, according to a report by recall management firm BizzyCar.However, most issues related to Tesla recalls are usually resolved through over-the-air software updates.Shares of Tesla were lower in midday trading Friday, adding to the stock's five-day losing streak.

  • The macro headwinds that geopolitical risks may stir up

    As tensions in the Middle East escalate, investors are reevaluating their portfolio allocations to offset any geopolitical risks. Brandywine Global Portfolio Manager John McClain joins the discussion to provide insights on navigating this environment while crude oil prices (CL=F, BZ=F) are also slowly ticking up Friday. McClain highlights three key factors that investors should consider from a "macro perspective." Firstly, he sees "a lot of upside potential" for oil prices, driven by a supply-demand dynamic. Secondly, McClain emphasizes the importance of interest rates, calling the US Treasury market "a safe haven," although he cautioned that investors "have to be careful" with their positioning along the yield curve. Lastly, he highlights the "US exceptionalism" in the foreign exchange (FX) market with the US dollar benefiting from being "the only place to go for AI." When it comes to portfolio construction, McClain advises investors to focus on "what industries are driving" the particular region they are invested in. He underscores the crucial role played by central banks and their monetary policies, which can significantly impact portfolio performance. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

  • Ryan Gosling and Miller/Lord’s Project Hail Mary could be the sci-fi event of 2026

    Amazon MGM just set a March 20, 2026 release date for Project Hail Mary, an adaptation of the Andy Weir novel. The film stars Ryan Gosling and is directed by Phil Lord and Christopher Miller.

  • Powassan council to revisit library proposal to increase budget by 26 per cent

    Powassan town council plans to revisit a request from the local library board to raise its budget by 26 per cent this year. Council first rejected the proposal from the Powassan District Union Public Library at its April 2nd meeting and countered with a seven percent increase. However, following a presentation from the library board members and its CEO at the April 16th meeting, Mayor Peter McIsaac said despite the council already setting its budget, “we’re going to bring the library portion bac

  • Polish man arrested in Russian plot to assassinate Volodymyr Zelensky

    Polish police have arrested a man suspected of aiding a Russian plot to assassinate Volodymyr Zelensky, targeting an airport the Ukrainian leader uses for overseas travel.

  • Full jury of 12 people and 6 alternates is seated in Trump's hush money trial in New York

    NEW YORK (AP) — A full jury of 12 people and six alternates was seated Friday in Donald Trump’s hush money case, drawing the first criminal trial of a former U.S. president a step closer to opening statements. Lawyers spent days quizzing dozens of New Yorkers to choose the panel that has vowed to put their personal views aside and impartially judge whether the presumptive Republican presidential nominee is guilty or not. The jury includes a sales professional, a software engineer, an English tea

  • UPDATE 1-New York fails to reach contracts with 3 major offshore wind farms

    A New York state agency on Friday said it had failed to reach final contract agreements with the developers of three major offshore wind projects, blaming a decision by General Electric Vernova to scrap plans for a new turbine. The projects affected include Attentive Energy One, being developed by TotalEnergies, Rise Light & Power and Corio Generation, Community Offshore Wind, backed by RWE and National Grid Ventures, the New York State Energy Research and Development Authority said in a statement. Excelsior Wind, being developed by Vineyard Offshore, is also affected, it said.