Insider Spends US$62k Buying More Shares In Duluth Holdings

Even if it's not a huge purchase, we think it was good to see that Richard Schlecht, the Senior Vice President of Product of Duluth Holdings Inc. (NASDAQ:DLTH) recently shelled out US$62k to buy stock, at US$2.19 per share. However, it only increased their shares held by 6.9%, and it wasn't a huge purchase by absolute value, either.

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Duluth Holdings Insider Transactions Over The Last Year

The Independent Director Brett Paschke made the biggest insider purchase in the last 12 months. That single transaction was for US$91k worth of shares at a price of US$1.81 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of US$2.11. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

While Duluth Holdings insiders bought shares during the last year, they didn't sell. Their average price was about US$2.06. Although they bought at below the recent share price, it is good to see that insiders are willing to invest in the company. The chart below shows insider transactions (by companies and 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!

See our latest analysis for Duluth Holdings

Duluth Holdings is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Duluth Holdings Boast High 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. We usually like to see fairly high levels of insider ownership. Duluth Holdings insiders own 43% of the company, currently worth about US$33m 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 Does This Data Suggest About Duluth Holdings Insiders?

It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But we don't feel the same about the fact the company is making losses. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Duluth Holdings. Looks promising! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we found 2 warning signs for Duluth Holdings that deserve your attention before buying any shares.

Of course Duluth Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality 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 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.