President of Hamilton Beach Brands Holding Picks Up 3.9% More Stock

Investors who take an interest in Hamilton Beach Brands Holding Company (NYSE:HBB) should definitely note that the President, Gregory Trepp, recently paid US$10.59 per share to buy US$106k worth of the stock. Although the purchase only increased their holding by 3.9%, it is still a solid purchase in our view.

Check out our latest analysis for Hamilton Beach Brands Holding

Hamilton Beach Brands Holding Insider Transactions Over The Last Year

Notably, that recent purchase by Gregory Trepp is the biggest insider purchase of Hamilton Beach Brands Holding shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of US$10.80. Of course they may have changed their mind. But this suggests they are optimistic. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. In this case we're pleased to report that the insider purchases were made at close to current prices.

While Hamilton Beach Brands Holding insiders bought shares during the last year, they didn't sell. 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!

Hamilton Beach Brands Holding is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.

Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. 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 Hamilton Beach Brands Holding insiders own 31% of the company, worth about US$47m. 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 Do The Hamilton Beach Brands Holding Insider Transactions Indicate?

The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. Given that insiders also own a fair bit of Hamilton Beach Brands Holding we think they are probably pretty confident of a bright future. 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 3 warning signs for Hamilton Beach Brands Holding you should know about.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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, 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.